311 W 9th StNorth BendNE68649
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
Rental property for sale in North Bend at 311 W 9th St, North Bend, NE, 68649 offers $1,819/mo rent that, after a $1,126/mo payment, leaves $266/mo cash flow. Total monthly income is $1,819/mo, and annual cash flow is $3,187/yr on $76,245 cash. Return on cash invested measures 24.09% in year one, and rental yield stands at 9.49% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 126.03% and total cumulative return in cash reaches $96,091. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,819/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68649, North Bend, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 918 (100%) |
| Owner Occupied HU | 612 (66.7%) |
| Renter Occupied HU | 169 (18.4%) |
| Vacant Housing Units | 137 (14.9%) |
| Median Home Value | $319,802 |
| Average Home Value | $369,661 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
614
Multi-Family
14
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bayley Becher • Dodge County Realty Group
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22418099
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.