312 E 6th StLexingtonNE68850
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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 Lexington at 312 E 6th St, Lexington, NE, 68850 generates $1,487/mo in rent and, after a $930/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,487/mo, and annual cash flow is $2,447/yr on $62,985 invested. Return on cash invested sits at 23.79% in year one, and rental yield is 9.39% on a $189,999 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,493 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash sums $78,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,487/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68850, Lexington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,598 (58.7%) |
| Renter Occupied HU | 1,535 (34.7%) |
| Vacant Housing Units | 294 ( 6.6%) |
| Median Home Value | $171,404 |
| Average Home Value | $226,489 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,013
Multi-Family
297
Businesses
430
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