409 E 2nd StKimballNE69145
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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 Kimball at 409 E 2nd St, Kimball, NE, 69145 priced at $100,000 converts $1,246/mo rent into $571/mo cash flow after a $489/mo obligation. Total monthly income equals $1,246/mo, and annual cash flow totals $6,854/yr on $33,150 invested. Return on cash invested prints 40.58% in year one, and rental yield reads 14.95% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 214.6% and total cumulative return in cash sums $71,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,246/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1957
3,700 sqft lot
$N/A/sqft
No HOA
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Listed by: Kiara Weeks • KELLER WILLIAMS GREATER OMAHA
Mls Name: SBCMLS
Mls ID: #25712
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.