308 W Warnock StEmersonNE68733
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Emerson at 308 W Warnock St, Emerson, NE, 68733 uses $36,465 cash to close to unlock $1,963/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $906/mo, and a $538/mo payment keeps the spread at $164/mo. Purchase price stands at $110,000, and rental yield measures 9.88% with $906/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 132.52% and total cumulative return in cash records $48,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $906/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1945
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68733, Emerson, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 386 (69.1%) |
| Renter Occupied HU | 126 (22.5%) |
| Vacant Housing Units | 47 ( 8.4%) |
| Median Home Value | $196,000 |
| Average Home Value | $209,106 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
29
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Listed by: Anthony Wood • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #824137
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.