345 Valley DrSpringfieldNE68059
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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 Springfield at 345 Valley Dr, Springfield, NE, 68059 generates $2,725/mo in rent and, after a $1,370/mo payment, leaves $835/mo in cash flow. Total monthly income is $2,725/mo, and annual cash flow is $10,016/yr on $92,820 invested. Return on cash invested sits at 30.7% in year one, and rental yield is 11.68% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 161.44% and total cumulative return in cash sums $149,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,725/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68059, Springfield, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,432 (100%) |
| Owner Occupied HU | 1,188 (83.0%) |
| Renter Occupied HU | 182 (12.7%) |
| Vacant Housing Units | 62 ( 4.3%) |
| Median Home Value | $438,567 |
| Average Home Value | $475,562 |
Housing Distribution
Address Breakdown
Residential
1,217
Single Family
1,203
Multi-Family
14
Businesses
152
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Listed by: Jody Reynek • Better Homes and Gardens R.E.
Mls Name: GPRMLS
Mls ID: #22526899