311 E Sullivan StSpaldingNE68665
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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 Spalding at 311 E Sullivan St, Spalding, NE, 68665 earns $121/mo cash flow from $1,134/mo rent with a $734/mo payment. Total monthly income totals $1,134/mo, and annual cash flow totals $1,455/yr on $49,725 capital. ROI tracks 22.84% on current figures, and rental yield reads 9.07% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 119.35% and total cumulative return in cash sums $59,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,134/mo property income instead of your personal income.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68665, Spalding, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 250 (64.3%) |
| Renter Occupied HU | 65 (16.7%) |
| Vacant Housing Units | 74 (19.0%) |
| Median Home Value | $96,111 |
| Average Home Value | $171,610 |
Housing Distribution
Address Breakdown
Residential
188
Single Family
188
Multi-Family
0
Businesses
39
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