50090 Partridge DrMitchellNE69357
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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 Mitchell at 50090 Partridge Dr, Mitchell, NE, 69357 uses $39,780 cash to close to unlock $4,164/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $1,157/mo, and a $587/mo payment keeps the spread at $347/mo. Purchase price stands at $120,000, and rental yield measures 11.57% with $1,157/mo rent. Return on cash invested shows 30.38% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 159.69% and total cumulative return in cash records $63,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,157/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69357, Mitchell, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,056 (66.5%) |
| Renter Occupied HU | 347 (21.9%) |
| Vacant Housing Units | 184 (11.6%) |
| Median Home Value | $200,694 |
| Average Home Value | $250,497 |
Housing Distribution
Address Breakdown
Residential
1,482
Single Family
1,470
Multi-Family
12
Businesses
99
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