415 Elm StClarksonNE68629
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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 Clarkson at 415 Elm St, Clarkson, NE, 68629 priced at $115,000 converts $898/mo rent into $121/mo cash flow after a $563/mo obligation. Total monthly income equals $898/mo, and annual cash flow totals $1,455/yr on $38,123 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 9.37% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 124.14% and total cumulative return in cash sums $47,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $898/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68629, Clarkson, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 565 (100%) |
| Owner Occupied HU | 410 (72.6%) |
| Renter Occupied HU | 83 (14.7%) |
| Vacant Housing Units | 72 (12.7%) |
| Median Home Value | $111,607 |
| Average Home Value | $191,226 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
48
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