416 W South StClay CenterNE68933
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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 Clay Center at 416 W South St, Clay Center, NE, 68933 generates $2,330/mo in rent and, after a $1,589/mo payment, leaves $138/mo in cash flow. Total monthly income is $2,330/mo, and annual cash flow is $1,651/yr on $107,638 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.61% on a $324,700 entry. Equity gained on principal adds $2,095/yr, while 5% annual appreciation builds toward $89,709 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash sums $120,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68933, Clay Center, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 284 (71.7%) |
| Renter Occupied HU | 73 (18.4%) |
| Vacant Housing Units | 39 ( 9.8%) |
| Median Home Value | $166,447 |
| Average Home Value | $201,831 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
405
Multi-Family
8
Businesses
75
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Listed by: Sherri Patterson • Real Estate Group of Hastings, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251213