316 W 1st StAtkinsonNE68713
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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 Atkinson at 316 W 1st St, Atkinson, NE, 68713 priced at $120,000 converts $927/mo rent into $117/mo cash flow after a $587/mo obligation. Total monthly income equals $927/mo, and annual cash flow totals $1,404/yr on $39,780 invested. Return on cash invested prints 23.44% in year one, and rental yield reads 9.27% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 122.49% and total cumulative return in cash sums $48,727. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $927/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68713, Atkinson, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,021 (100%) |
| Owner Occupied HU | 629 (61.6%) |
| Renter Occupied HU | 254 (24.9%) |
| Vacant Housing Units | 138 (13.5%) |
| Median Home Value | $258,275 |
| Average Home Value | $275,596 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
451
Multi-Family
19
Businesses
122
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