406 N Cherokee RdMccookNE69001
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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 Mccook at 406 N Cherokee Rd, Mccook, NE, 69001 offers $1,480/mo rent that, after a $1,150/mo payment. Total monthly income is $1,480/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 7.56% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 94.8% and total cumulative return in cash reaches $73,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,480/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69001, Mc Cook, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,322 (100%) |
| Owner Occupied HU | 2,678 (62.0%) |
| Renter Occupied HU | 1,137 (26.3%) |
| Vacant Housing Units | 507 (11.7%) |
| Median Home Value | $174,283 |
| Average Home Value | $202,190 |
Housing Distribution
Address Breakdown
Residential
4,088
Single Family
3,866
Multi-Family
222
Businesses
591
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