3228 Ponca CirGrand IslandNE68803
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3228 Ponca Cir, Grand Island, NE, 68803 in Grand Island worth study. Rental yield 3.54%. The 3.54% gross yield is below cash-flow benchmarks at $549,000, but 5% annual appreciation, adding $151,679 over five years, frames this as a capital growth position. Rent of $1,620/mo partially offsets the $2,469/mo payment. Ziffy Mortgage finances appreciation-play properties (0.66 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $75,181.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.5% |
| Monthly Cash Flow | $(2,087) | $450 |
City averages based on Grand Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,620 |
| Total Monthly Debt Service | $3,489 |
| DSCR Ratio | 0.46x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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
Single Family
Built in 1998
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jimmy Reed • Berkshire Hathaway HomeServices Da-Ly Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250482
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.