31 Kirby Point, Elwood, NE, 68937 | 3.3% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elwood at 31 Kirby Point, Elwood, NE, 68937 priced at $679,000 converts $1,866/mo rent into after a $3,323/mo obligation. Total monthly income equals $1,866/mo. Return on cash invested prints 5.46% in year one, and rental yield reads 3.3% against a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation compiles into $187,595 by year five. Five-year ROI reaches 26.06% and total cumulative return in cash sums $58,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,866/mo property income covering a $3,323/mo payment, not borrower’s personal income.

Single Family

Built in N/A

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 68937, Elwood, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,230 (100%)
Owner Occupied HU	637 (51.8%)
Renter Occupied HU	194 (15.8%)
Vacant Housing Units	399 (32.4%)
Median Home Value	$289,423
Average Home Value	$322,747