475 S Wheeler StNelsonNE68961
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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 Nelson at 475 S Wheeler St, Nelson, NE, 68961 offers a 10.12% rental yield on a $165,000 purchase with $1,391/mo rent. Total monthly income registers $1,391/mo, and a $808/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,317/yr on $54,698 to close, and return on cash invested stands at 25.97% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 136.15% and total cumulative return in cash at $74,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,391/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68961, Nelson, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 297 (66.4%) |
| Renter Occupied HU | 66 (14.8%) |
| Vacant Housing Units | 84 (18.8%) |
| Median Home Value | $123,611 |
| Average Home Value | $244,823 |
Housing Distribution
Address Breakdown
Residential
255
Single Family
255
Multi-Family
0
Businesses
46
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