404 13th StGothenburgNE69138
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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 Gothenburg at 404 13th St, Gothenburg, NE, 69138 uses $34,808 cash to close to unlock $1,256/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $838/mo, and a $514/mo payment keeps the spread at $105/mo. Purchase price stands at $105,000, and rental yield measures 9.58% with $838/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 123.29% and total cumulative return in cash records $42,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $838/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1928
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69138, Gothenburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,278 (63.9%) |
| Renter Occupied HU | 495 (24.7%) |
| Vacant Housing Units | 228 (11.4%) |
| Median Home Value | $225,862 |
| Average Home Value | $259,689 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,789
Multi-Family
132
Businesses
216
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Listed by: John Muir • Gothenburg Realty Cottonwood Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250893
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.