312 Alba AveRavennaNE68869
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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 Ravenna at 312 Alba Ave, Ravenna, NE, 68869 priced at $145,900 pairs $1,445/mo rent with $460/mo cash flow after a $714/mo payment. Total monthly income equals $1,445/mo, and annual cash flow comes to $5,518/yr on $48,366 invested. Return on cash invested is 31.32% in year one, and rental yield stands at 11.88% on a $145,900 basis. Equity gained on principal adds $941/yr, and 5% annual appreciation accumulates to $40,309 by year five. Five-year ROI measures 164.77% and total cumulative return in cash reaches $79,695. For financing, Ziffy Mortgage’s DSCR program evaluates $1,445/mo property income against a $714/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
6,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68869, Ravenna, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 672 (65.7%) |
| Renter Occupied HU | 225 (22.0%) |
| Vacant Housing Units | 126 (12.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
932
Multi-Family
50
Businesses
98
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