502 4th CorsoNebraska CityNE68410
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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 Nebraska City at 502 4th Corso, Nebraska City, NE, 68410 uses $56,024 cash to close to unlock $2,411/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,342/mo, and a $827/mo payment keeps the spread at $201/mo. Purchase price stands at $169,000, and rental yield measures 9.53% with $1,342/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash records $70,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,342/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68410, Nebraska City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,784 (100%) |
| Owner Occupied HU | 2,395 (63.3%) |
| Renter Occupied HU | 1,077 (28.5%) |
| Vacant Housing Units | 312 ( 8.2%) |
| Median Home Value | $196,554 |
| Average Home Value | $223,164 |
Housing Distribution
Address Breakdown
Residential
3,689
Single Family
3,434
Multi-Family
255
Businesses
439
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Listed by: John Palmtag • J.J. PALMTAG, INC.
Mls Name: Nebraska Realtors Outstate
Mls ID: #35407