4 Lane Dr #28ElwoodNE68937
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
Rental property for sale in Elwood at 4 Lane Dr #28, Elwood, NE, 68937 priced at $387,000 converts $1,328/mo rent into after a $1,894/mo obligation. Total monthly income equals $1,328/mo. Return on cash invested prints 7.69% in year one, and rental yield reads 4.12% against a $387,000 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation compiles into $106,921 by year five. Five-year ROI reaches 38.13% and total cumulative return in cash sums $48,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,328/mo property income covering a $1,894/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.43 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68937, Elwood, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 637 (51.8%) |
| Renter Occupied HU | 194 (15.8%) |
| Vacant Housing Units | 399 (32.4%) |
| Median Home Value | $289,423 |
| Average Home Value | $322,747 |
Housing Distribution
Address Breakdown
Residential
747
Single Family
747
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacey Edson • BHA Real Estate
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250686
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.