423 Sicily AveRavennaNE68869
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ravenna at 423 Sicily Ave, Ravenna, NE, 68869 at $215,000 posts ROI 45.39% with $1,513/mo cash flow from $2,965/mo rent. Total monthly income equals $2,965/mo, and annual cash flow records $18,162/yr on $71,273 to close. Return on cash invested measures 45.39% and rental yield reads 16.55% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 240.25% and total cumulative return in cash totals $171,229.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,965/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68869, Ravenna, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 672 (65.7%) |
| Renter Occupied HU | 225 (22.0%) |
| Vacant Housing Units | 126 (12.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
932
Multi-Family
50
Businesses
98
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Listed by: Tia Stratton • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20240430
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.