409 E 11th St.North PlatteNE69101
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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
Investment property for sale in North Platte at 409 E 11th St, North Platte, NE, 69101 uses $46,410 cash to close to unlock $1,318/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $1,055/mo, and a $685/mo payment keeps the spread at $110/mo. Purchase price stands at $140,000, and rental yield measures 9.04% with $1,055/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 118.83% and total cumulative return in cash records $55,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1931
8,745 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Team Frame & Moore • GREAT PLAINS REALTY
Mls Name: Lincoln County BOR (NE)
Mls ID: #26751