409 N Elm StPlainviewNE68769
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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 Plainview at 409 N Elm St, Plainview, NE, 68769 offers a 9.59% rental yield on a $105,000 purchase with $839/mo rent. Total monthly income registers $839/mo, and a $514/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,559/yr on $34,808 to close, and return on cash invested stands at 24.39% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 127.6% and total cumulative return in cash at $44,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $839/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68769, Plainview, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 544 (67.1%) |
| Renter Occupied HU | 163 (20.1%) |
| Vacant Housing Units | 104 (12.8%) |
| Median Home Value | $129,487 |
| Average Home Value | $212,835 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
84
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