310 2nd StGibbonNE68840
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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 Gibbon at 310 2nd St, Gibbon, NE, 68840 uses $33,150 cash to close to unlock $14,993/yr annual cash flow and $1,249/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $489/mo payment keeps the spread at $1,249/mo. Purchase price stands at $100,000, and rental yield measures 23.34% with $1,945/mo rent. Return on cash invested shows 65.14% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 346.47% and total cumulative return in cash records $114,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 2003
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68840, Gibbon, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 813 (68.5%) |
| Renter Occupied HU | 277 (23.4%) |
| Vacant Housing Units | 96 ( 8.1%) |
| Median Home Value | $283,209 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
70
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Listed by: Andrea Southwell • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250596
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.