311 Cherry StRiverdaleNE68870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Riverdale at 311 Cherry St, Riverdale, NE, 68870 at $248,500 posts ROI 20.19% with $19/mo cash flow from $1,697/mo rent. Total monthly income equals $1,697/mo, and annual cash flow records $230/yr on $82,378 to close. Return on cash invested measures 20.19% and rental yield reads 8.19% at the current $248,500. Equity gained on principal adds $1,604/yr, and 5% annual appreciation supports $68,656 by year five. Five-year ROI prints 105.11% and total cumulative return in cash totals $86,587.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,697/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68870, Riverdale, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 193 (100%) |
| Owner Occupied HU | 165 (85.5%) |
| Renter Occupied HU | 19 ( 9.8%) |
| Vacant Housing Units | 9 ( 4.7%) |
| Median Home Value | $357,500 |
| Average Home Value | $389,591 |
Housing Distribution
Address Breakdown
Residential
114
Single Family
114
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Kreis • Rooted Realty Group
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251472
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.