318 16th AveFranklinNE68939
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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
Investment property for sale in Franklin at 318 16th Ave, Franklin, NE, 68939 offers a 9.04% rental yield on a $109,900 purchase with $828/mo rent. Total monthly income registers $828/mo, and a $538/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,029/yr on $36,432 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 118.75% and total cumulative return in cash at $43,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $828/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
7,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68939, Franklin, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 396 (67.5%) |
| Renter Occupied HU | 111 (18.9%) |
| Vacant Housing Units | 80 (13.6%) |
| Median Home Value | $106,897 |
| Average Home Value | $162,064 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
93
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