41995 E Highway 23FARNAMNE69029
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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
Investment property for sale in FARNAM at 41995 E Highway 23, FARNAM, NE, 69029 offers a 9.34% rental yield on a $265,000 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,297/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,270/yr on $87,848 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 123.56% and total cumulative return in cash at $108,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69029, Farnam, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 153 (100%) |
| Owner Occupied HU | 103 (67.3%) |
| Renter Occupied HU | 26 (17.0%) |
| Vacant Housing Units | 24 (15.7%) |
| Median Home Value | $255,769 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
112
Multi-Family
1
Businesses
11
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