3125 N Webb RdGrand IslandNE68803
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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 Grand Island at 3125 N Webb Rd, Grand Island, NE, 68803 priced at $499,900 converts $2,346/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,346/mo. Return on cash invested prints 12.45% in year one, and rental yield reads 5.63% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 63.61% and total cumulative return in cash sums $105,408. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,346/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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Listed by: Brenda Starkey • Mach 1 Realty
Mls Name: My State MLS
Mls ID: #11451901