412 3rd StMilfordNE68405
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 Milford at 412 3rd St, Milford, NE, 68405 offers $1,374/mo rent that, after a $974/mo payment, leaves $30/mo cash flow. Total monthly income is $1,374/mo, and annual cash flow is $362/yr on $65,969 cash. Return on cash invested measures 20.46% in year one, and rental yield stands at 8.29% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 106.59% and total cumulative return in cash reaches $70,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,374/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1898
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68405, Milford, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 893 (65.4%) |
| Renter Occupied HU | 369 (27.0%) |
| Vacant Housing Units | 104 ( 7.6%) |
| Median Home Value | $256,473 |
| Average Home Value | $291,716 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,034
Multi-Family
23
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices