318 13th Ave EBenkelmanNE69021
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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 Benkelman at 318 13th Ave E, Benkelman, NE, 69021 generates $1,201/mo in rent and, after a $844/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,201/mo, and annual cash flow is $437/yr on $57,184 invested. Return on cash invested sits at 20.67% in year one, and rental yield is 8.35% on a $172,500 entry. Equity gained on principal adds $1,113/yr, while 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 107.74% and total cumulative return in cash sums $61,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,201/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69021, Benkelman, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 384 (56.4%) |
| Renter Occupied HU | 137 (20.1%) |
| Vacant Housing Units | 160 (23.5%) |
| Median Home Value | $155,233 |
| Average Home Value | $171,999 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
91
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