407 E Stebbins StCallawayNE68825
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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 Callaway at 407 E Stebbins St, Callaway, NE, 68825 priced at $198,000 converts $1,522/mo rent into $185/mo cash flow after a $969/mo obligation. Total monthly income equals $1,522/mo, and annual cash flow totals $2,221/yr on $65,637 invested. Return on cash invested prints 23.29% in year one, and rental yield reads 9.22% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 121.78% and total cumulative return in cash sums $79,936. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,522/mo property income covering a $969/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68825, Callaway, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 314 (60.5%) |
| Renter Occupied HU | 110 (21.2%) |
| Vacant Housing Units | 95 (18.3%) |
| Median Home Value | $198,214 |
| Average Home Value | $293,097 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
309
Multi-Family
0
Businesses
44
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