415 N Spruce StValparaisoNE68065
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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 Valparaiso at 415 N Spruce St, Valparaiso, NE, 68065 generates $2,292/mo in rent and, after a $1,493/mo payment, leaves $232/mo in cash flow. Total monthly income is $2,292/mo, and annual cash flow is $2,787/yr on $101,108 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 9.02% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash sums $119,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,292/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68065, Valparaiso, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 519 (77.3%) |
| Renter Occupied HU | 114 (17.0%) |
| Vacant Housing Units | 38 ( 5.7%) |
| Median Home Value | $320,946 |
| Average Home Value | $392,259 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
28
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Listed by: Ashley Trutna • Avid Realty
Mls Name: GPRMLS
Mls ID: #22523842