402 W Q StOgallalaNE69153
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 Ogallala at 402 W Q St, Ogallala, NE, 69153 at $179,000 posts ROI 24.55% with $229/mo cash flow from $1,438/mo rent. Total monthly income equals $1,438/mo, and annual cash flow records $2,752/yr on $59,339 to close. Return on cash invested measures 24.55% and rental yield reads 9.64% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 128.48% and total cumulative return in cash totals $76,239.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,438/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69153, Ogallala, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,831 (56.5%) |
| Renter Occupied HU | 810 (25.0%) |
| Vacant Housing Units | 600 (18.5%) |
| Median Home Value | $174,053 |
| Average Home Value | $225,806 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,511
Multi-Family
108
Businesses
390
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