338 N Allen StBenningtonNE68007
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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
Rental property for sale in Bennington at 338 N Allen St, Bennington, NE, 68007 priced at $285,000 converts $2,939/mo rent into $801/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,939/mo, and annual cash flow totals $9,615/yr on $94,478 invested. Return on cash invested prints 30.09% in year one, and rental yield reads 12.37% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 159.18% and total cumulative return in cash sums $150,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,939/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
4,791 sqft lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68007, Bennington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,696 (100%) |
| Owner Occupied HU | 5,864 (87.6%) |
| Renter Occupied HU | 542 ( 8.1%) |
| Vacant Housing Units | 290 ( 4.3%) |
| Median Home Value | $391,102 |
| Average Home Value | $445,396 |
Housing Distribution
Address Breakdown
Residential
6,654
Single Family
6,516
Multi-Family
138
Businesses
184
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Listed by: Liz Hagestad • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22511623
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.