410 Plum StGreshamNE68367
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
Rental property for sale in Gresham at 410 Plum St, Gresham, NE, 68367 offers $1,637/mo rent that, after a $930/mo payment, leaves $354/mo cash flow. Total monthly income is $1,637/mo, and annual cash flow is $4,247/yr on $62,985 cash. Return on cash invested measures 26.65% in year one, and rental yield stands at 10.34% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 139.73% and total cumulative return in cash reaches $88,008. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,637/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68367, Gresham, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 239 (100%) |
| Owner Occupied HU | 169 (70.7%) |
| Renter Occupied HU | 35 (14.6%) |
| Vacant Housing Units | 35 (14.6%) |
| Median Home Value | $228,448 |
| Average Home Value | $263,654 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
11
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