442 N Franklin StRed CloudNE68970
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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 Red Cloud at 442 N Franklin St, Red Cloud, NE, 68970 priced at $127,000 converts $1,021/mo rent into $163/mo cash flow after a $622/mo obligation. Total monthly income equals $1,021/mo, and annual cash flow totals $1,956/yr on $42,101 invested. Return on cash invested prints 24.55% in year one, and rental yield reads 9.65% against a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation compiles into $35,088 by year five. Five-year ROI reaches 128.51% and total cumulative return in cash sums $54,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,021/mo property income covering a $622/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68970, Red Cloud, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 458 (60.3%) |
| Renter Occupied HU | 112 (14.8%) |
| Vacant Housing Units | 189 (24.9%) |
| Median Home Value | $79,057 |
| Average Home Value | $123,559 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
612
Multi-Family
9
Businesses
109
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