408 N Harvard AveHarvardNE68944
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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 Harvard at 408 N Harvard Ave, Harvard, NE, 68944 generates $1,680/mo in rent and, after a $1,028/mo payment, leaves $262/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $3,141/yr on $69,615 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 9.6% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 127.81% and total cumulative return in cash sums $88,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68944, Harvard, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 370 (65.7%) |
| Renter Occupied HU | 108 (19.2%) |
| Vacant Housing Units | 85 (15.1%) |
| Median Home Value | $197,619 |
| Average Home Value | $241,378 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
24
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