408 7th Ave WBenkelmanNE69021
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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 Benkelman at 408 7th Ave W, Benkelman, NE, 69021 generates $1,514/mo in rent and, after a $731/mo payment, leaves $505/mo in cash flow. Total monthly income is $1,514/mo, and annual cash flow is $6,064/yr on $49,534 invested. Return on cash invested sits at 32.15% in year one, and rental yield is 12.16% on a $149,425 entry. Equity gained on principal adds $964/yr, while 5% annual appreciation builds toward $41,283 over five years. Five-year ROI reaches 169.3% and total cumulative return in cash sums $83,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,514/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
7,723 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69021, Benkelman, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 384 (56.4%) |
| Renter Occupied HU | 137 (20.1%) |
| Vacant Housing Units | 160 (23.5%) |
| Median Home Value | $155,233 |
| Average Home Value | $171,999 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
91
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