409 4th StSilver CreekNE68663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Silver Creek at 409 4th St, Silver Creek, NE, 68663 uses $44,421 cash to close to unlock $3,540/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $656/mo payment keeps the spread at $295/mo. Purchase price stands at $134,000, and rental yield measures 10.75% with $1,200/mo rent. Return on cash invested shows 27.88% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 146.28% and total cumulative return in cash records $64,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $656/mo payment rather than investor’s personal income.
Single Family
Built in 1905
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68663, Silver Creek, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 236 (64.5%) |
| Renter Occupied HU | 57 (15.6%) |
| Vacant Housing Units | 73 (19.9%) |
| Median Home Value | $183,333 |
| Average Home Value | $208,496 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neeli Noyd • Woods Bros Realty
Mls Name: Grand Island BOR
Mls ID: #20261027