323 1st StMeadow GroveNE68752
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
Rental property for sale in Meadow Grove at 323 1st St, Meadow Grove, NE, 68752 offers $1,758/mo rent that, after a $930/mo payment, leaves $475/mo cash flow. Total monthly income is $1,758/mo, and annual cash flow is $5,699/yr on $62,985 cash. Return on cash invested measures 28.96% in year one, and rental yield stands at 11.1% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 152.09% and total cumulative return in cash reaches $95,796. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,758/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
10,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68752, Meadow Grove, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 263 (74.9%) |
| Renter Occupied HU | 51 (14.5%) |
| Vacant Housing Units | 37 (10.5%) |
| Median Home Value | $238,415 |
| Average Home Value | $290,076 |
Housing Distribution
Address Breakdown
Residential
255
Single Family
255
Multi-Family
0
Businesses
19
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Listed by: Steven Osborn • Coldwell Banker Dover
Mls Name: Norfolk BOR
Mls ID: #250368
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.