403 W 5th StAxtellNE68924
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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 Axtell at 403 W 5th St, Axtell, NE, 68924 offers $1,992/mo rent that, after a $1,023/mo payment, leaves $581/mo cash flow. Total monthly income is $1,992/mo, and annual cash flow is $6,967/yr on $69,284 cash. Return on cash invested measures 29.97% in year one, and rental yield stands at 11.44% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 157.55% and total cumulative return in cash reaches $109,154. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,992/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68924, Axtell, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 540 (100%) |
| Owner Occupied HU | 387 (71.7%) |
| Renter Occupied HU | 102 (18.9%) |
| Vacant Housing Units | 51 ( 9.4%) |
| Median Home Value | $231,504 |
| Average Home Value | $297,907 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
40
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Listed by: Kelli Rucker • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20241202
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.