340 E 7th StNorth BendNE68649
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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 North Bend at 340 E 7th St, North Bend, NE, 68649 generates $3,607/mo in rent and, after a $1,463/mo payment, leaves $1,588/mo in cash flow. Total monthly income is $3,607/mo, and annual cash flow is $19,060/yr on $99,119 invested. Return on cash invested sits at 39.14% in year one, and rental yield is 14.48% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 206.72% and total cumulative return in cash sums $204,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,607/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68649, North Bend, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 918 (100%) |
| Owner Occupied HU | 612 (66.7%) |
| Renter Occupied HU | 169 (18.4%) |
| Vacant Housing Units | 137 (14.9%) |
| Median Home Value | $319,802 |
| Average Home Value | $369,661 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
614
Multi-Family
14
Businesses
79
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Listed by: Mike Miller • Ambassador Real Estate
Mls Name: BHHS broker feed
Mls ID: #22516710