311 E 9th StStromsburgNE68666
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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
Rental property for sale in Stromsburg at 311 E 9th St, Stromsburg, NE, 68666 generates $0/mo in rent, after a $732/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.54% in year one, and rental yield is 0% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68666, Stromsburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 483 (68.9%) |
| Renter Occupied HU | 150 (21.4%) |
| Vacant Housing Units | 68 ( 9.7%) |
| Median Home Value | $167,708 |
| Average Home Value | $229,741 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
340
Multi-Family
11
Businesses
82
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Listed by: Neeli Noyd • Woods Bros Realty
Mls Name: GPRMLS
Mls ID: #22531910