318 E East StOgallalaNE69153
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Nearby investment properties with comparable prices
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 Ogallala at 318 E East St, Ogallala, NE, 69153 priced at $120,000 pairs $929/mo rent with $119/mo cash flow after a $587/mo payment. Total monthly income equals $929/mo, and annual cash flow comes to $1,428/yr on $39,780 invested. Return on cash invested is 23.5% in year one, and rental yield stands at 9.29% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 122.82% and total cumulative return in cash reaches $48,859. For financing, Ziffy Mortgage’s DSCR program evaluates $929/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69153, Ogallala, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,831 (56.5%) |
| Renter Occupied HU | 810 (25.0%) |
| Vacant Housing Units | 600 (18.5%) |
| Median Home Value | $174,053 |
| Average Home Value | $225,806 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,511
Multi-Family
108
Businesses
390
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