38296 370th StMonroeNE68647
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 Monroe at 38296 370th St, Monroe, NE, 68647 offers a 8.85% rental yield on a $280,000 purchase with $2,066/mo rent. Total monthly income registers $2,066/mo, and a $1,370/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,108/yr on $92,820 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 115.77% and total cumulative return in cash at $107,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,066/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68647, Monroe, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 287 (100%) |
| Owner Occupied HU | 228 (79.4%) |
| Renter Occupied HU | 30 (10.5%) |
| Vacant Housing Units | 29 (10.1%) |
| Median Home Value | $250,000 |
| Average Home Value | $347,215 |
Housing Distribution
Address Breakdown
Residential
183
Single Family
183
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices