401 S Apple StShickleyNE68436
INVESTMENT ANALYSIS
Investment Verdict
Solid Income401 S Apple St, Shickley, NE, 68436 in Shickley carries a 1.72 coverage ratio, rent of $853/mo is 1.72 times the $495/mo payment. Rental yield 9.52%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $110,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $30,391; total projected cumulative return: $33,061.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $(136) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $853 |
| Total Monthly Debt Service | $966 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
5,227 sqft lot
$N/A/sqft
$3,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68436, Shickley, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 167 (71.4%) |
| Renter Occupied HU | 40 (17.1%) |
| Vacant Housing Units | 27 (11.5%) |
| Median Home Value | $199,219 |
| Average Home Value | $517,051 |
Housing Distribution
Address Breakdown
Residential
150
Single Family
150
Multi-Family
0
Businesses
33
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
Condo
Built in 1982
5,227 sqft lot
$N/A/sqft
$3,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68436, Shickley, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 167 (71.4%) |
| Renter Occupied HU | 40 (17.1%) |
| Vacant Housing Units | 27 (11.5%) |
| Median Home Value | $199,219 |
| Average Home Value | $517,051 |
Housing Distribution
Address Breakdown
Residential
150
Single Family
150
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Misti Smith • Fortify Group, Inc
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22508753
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.