501 S 2nd StBattle CreekNE68715
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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 Battle Creek at 501 S 2nd St, Battle Creek, NE, 68715 offers a 9.77% rental yield on a $195,950 purchase with $1,595/mo rent. Total monthly income registers $1,595/mo, and a $959/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,262/yr on $64,957 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $1,264/yr while 5% annual appreciation supports $54,137 over five years. Portfolio math shows five-year ROI at 130.51% and total cumulative return in cash at $84,776. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,595/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68715, Battle Creek, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 499 (82.6%) |
| Renter Occupied HU | 83 (13.7%) |
| Vacant Housing Units | 22 ( 3.6%) |
| Median Home Value | $241,942 |
| Average Home Value | $285,792 |
Housing Distribution
Address Breakdown
Residential
396
Single Family
396
Multi-Family
0
Businesses
41
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