362 S 5th StDavid CityNE68632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in David City at 362 S 5th St, David City, NE, 68632 with 5% annual appreciation on a $210,000 basis while $2,012/mo rent supports operations. Total monthly income totals $2,012/mo and a $1,028/mo payment preserves $594/mo for cash returns. Annual cash flow comes to $7,125/yr on $69,615 deployed, and return on cash invested reaches 30.14% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 11.5%. Five-year ROI measures 158.47% and total cumulative return in cash totals $110,320.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,012/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68632, David City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,772 (100%) |
| Owner Occupied HU | 1,097 (61.9%) |
| Renter Occupied HU | 487 (27.5%) |
| Vacant Housing Units | 188 (10.6%) |
| Median Home Value | $206,466 |
| Average Home Value | $241,190 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,522
Multi-Family
78
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis Worden • RE/MAX TOTAL REALTY
Mls Name: Columbus BOR NE
Mls ID: #20240356