3610 I AveKearneyNE68847
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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 Kearney at 3610 I Ave, Kearney, NE, 68847 offers $2,965/mo rent that, after a $1,493/mo payment, leaves $905/mo cash flow. Total monthly income is $2,965/mo, and annual cash flow is $10,863/yr on $101,108 cash. Return on cash invested measures 30.65% in year one, and rental yield stands at 11.67% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 161.22% and total cumulative return in cash reaches $163,006. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,965/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,524 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68847, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 4,782 (58.9%) |
| Renter Occupied HU | 2,902 (35.7%) |
| Vacant Housing Units | 441 ( 5.4%) |
| Median Home Value | $244,004 |
| Average Home Value | $274,412 |
Housing Distribution
Address Breakdown
Residential
8,015
Single Family
7,119
Multi-Family
896
Businesses
1,075
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Listed by: Scott Anderson • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20241380
Disclaimer: 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.