319 East StPhillipsNE68865
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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 Phillips at 319 East St, Phillips, NE, 68865 uses $43,924 cash to close to unlock $1,269/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,001/mo, and a $649/mo payment keeps the spread at $106/mo. Purchase price stands at $132,500, and rental yield measures 9.07% with $1,001/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 119.11% and total cumulative return in cash records $52,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,001/mo property income covering a $649/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68865, Phillips, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 325 (81.2%) |
| Renter Occupied HU | 45 (11.2%) |
| Vacant Housing Units | 30 ( 7.5%) |
| Median Home Value | $352,344 |
| Average Home Value | $383,954 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
16
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