370 Eastwood DrLouisvilleNE68037
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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 Louisville at 370 Eastwood Dr, Louisville, NE, 68037 priced at $389,900 converts $3,050/mo rent into $417/mo cash flow after a $1,908/mo obligation. Total monthly income equals $3,050/mo, and annual cash flow totals $5,009/yr on $129,252 invested. Return on cash invested prints 23.78% in year one, and rental yield reads 9.39% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 124.38% and total cumulative return in cash sums $160,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,050/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2020
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68037, Louisville, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 875 (81.3%) |
| Renter Occupied HU | 135 (12.5%) |
| Vacant Housing Units | 66 ( 6.1%) |
| Median Home Value | $316,042 |
| Average Home Value | $334,674 |
Housing Distribution
Address Breakdown
Residential
907
Single Family
886
Multi-Family
21
Businesses
74
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Listed by: Matt Garner • Pinnacle Realty Group
Mls Name: GPRMLS
Mls ID: #22534851