421 N Brown AveClay 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 421 N Brown Ave, Clay Center, NE, 68933 priced at $184,900 converts $1,405/mo rent into $156/mo cash flow after a $905/mo obligation. Total monthly income equals $1,405/mo, and annual cash flow totals $1,877/yr on $61,294 invested. Return on cash invested prints 22.97% in year one, and rental yield reads 9.12% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 120.04% and total cumulative return in cash sums $73,579. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,405/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1970
10,500 sqft 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: Kristin Pavelka • Real Estate Group of Hastings, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251339