4056 W David AveGrand IslandNE68803
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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 Grand Island at 4056 W David Ave, Grand Island, NE, 68803 at $204,000 posts ROI 24.22% with $243/mo cash flow from $1,620/mo rent. Total monthly income equals $1,620/mo, and annual cash flow records $2,915/yr on $67,626 to close. Return on cash invested measures 24.22% and rental yield reads 9.53% at the current $204,000. Equity gained on principal adds $1,316/yr, and 5% annual appreciation supports $56,361 by year five. Five-year ROI prints 126.68% and total cumulative return in cash totals $85,672.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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Listed by: Nicole Umrath • Nebraska Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250234
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.