326 S 8th StAlbionNE68620
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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 Albion at 326 S 8th St, Albion, NE, 68620 offers a 8.95% rental yield on a $259,900 purchase with $1,939/mo rent. Total monthly income registers $1,939/mo, and a $1,272/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,208/yr on $86,157 to close, and return on cash invested stands at 22.47% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 117.38% and total cumulative return in cash at $101,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,939/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68620, Albion, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 891 (65.2%) |
| Renter Occupied HU | 326 (23.9%) |
| Vacant Housing Units | 149 (10.9%) |
| Median Home Value | $229,785 |
| Average Home Value | $263,157 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,215
Multi-Family
54
Businesses
163
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