414 W 4th StHastingsNE68901
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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 Hastings at 414 W 4th St, Hastings, NE, 68901 offers $1,502/mo rent that, after a $2,080/mo payment. Total monthly income is $1,502/mo. Return on cash invested measures 8.26% in year one, and rental yield stands at 4.24% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 41.13% and total cumulative return in cash reaches $57,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,502/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Jeanne Rewerts • Real Estate Group of Hastings, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20241316
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.