313 S Burt StCraigNE68019
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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 Craig at 313 S Burt St, Craig, NE, 68019 priced at $165,000 converts $1,308/mo rent into $193/mo cash flow after a $808/mo obligation. Total monthly income equals $1,308/mo, and annual cash flow totals $2,321/yr on $54,698 invested. Return on cash invested prints 24.15% in year one, and rental yield reads 9.51% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 126.39% and total cumulative return in cash sums $69,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,308/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68019, Craig, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 153 (66.8%) |
| Renter Occupied HU | 39 (17.0%) |
| Vacant Housing Units | 37 (16.2%) |
| Median Home Value | $265,179 |
| Average Home Value | $396,503 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
11
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