405 E Main StBloomfieldNE68718
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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
Rental property for sale in Bloomfield at 405 E Main St, Bloomfield, NE, 68718 priced at $125,000 converts $992/mo rent into $148/mo cash flow after a $612/mo obligation. Total monthly income equals $992/mo, and annual cash flow totals $1,773/yr on $41,438 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 9.52% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 126.56% and total cumulative return in cash sums $52,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $992/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68718, Bloomfield, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 513 (62.0%) |
| Renter Occupied HU | 185 (22.4%) |
| Vacant Housing Units | 129 (15.6%) |
| Median Home Value | $119,746 |
| Average Home Value | $208,231 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
599
Multi-Family
26
Businesses
81
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Listed by: Ryan Vesely • Mossy Oak Properties Homestead Land & Management Company, Inc.
Mls Name: My State MLS
Mls ID: #11618771