31808 W Lake Park DrSouth BendNE68058
Nearby investment properties with comparable rents
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
Investment property for sale in South Bend at 31808 W Lake Park Dr, South Bend, NE, 68058 listed at $950,000 pairs $2,126/mo rent with a $4,650/mo payment. Total monthly income runs $2,126/mo. Return on cash invested measures 2.88% in year one, and rental yield registers 2.69% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 12.5% and total cumulative return in cash totals $39,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,126/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
N/A lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68058, South Bend, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 219 (100%) |
| Owner Occupied HU | 96 (43.8%) |
| Renter Occupied HU | 12 ( 5.5%) |
| Vacant Housing Units | 111 (50.7%) |
| Median Home Value | $469,231 |
| Average Home Value | $506,641 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A