420 W 3rd StPoncaNE68770
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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 Ponca at 420 W 3rd St, Ponca, NE, 68770 at $249,900 posts ROI 21.51% with $111/mo cash flow from $1,798/mo rent. Total monthly income equals $1,798/mo, and annual cash flow records $1,327/yr on $82,842 to close. Return on cash invested measures 21.51% and rental yield reads 8.63% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 112.18% and total cumulative return in cash totals $92,930.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,798/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68770, Ponca, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 492 (70.5%) |
| Renter Occupied HU | 113 (16.2%) |
| Vacant Housing Units | 93 (13.3%) |
| Median Home Value | $216,176 |
| Average Home Value | $246,662 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
59
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Listed by: Aaron Bircher • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828269
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.