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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gretna at 347 W West Plains Rd, Gretna, NE, 68028 priced at $265,000 converts $2,195/mo rent into $406/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,195/mo, and annual cash flow totals $4,866/yr on $87,848 invested. Return on cash invested prints 25.45% in year one, and rental yield reads 9.94% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 133.31% and total cumulative return in cash sums $117,111. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,195/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1961
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 68028, Gretna, NE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 5,202 (81.8%) |
| Renter Occupied HU | 931 (14.6%) |
| Vacant Housing Units | 223 ( 3.5%) |
| Median Home Value | $423,174 |
| Average Home Value | $450,791 |
Residential
6,191
Single Family
6,062
Multi-Family
129
Businesses
634
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $265,000 |
| 2025-07-11 | Pending sale | $265,000 |
| 2025-07-08 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-13 | $4238.58 | 3.29% | $224,560 | 24.87% |
| 2022-10-13 | $4103.74 | 13.75% | $179,834 | N/A |
| 2021-10-13 | $3607.62 | 11.35% | $179,834 | 24.52% |
Listed by: Johnathan O'Gorman • Better Homes and Gardens R.E.
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22518823
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.
