502 & 504 Spruce StChadronNE69337
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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 Chadron at 502 & 504 Spruce St, Chadron, NE, 69337 earns $25/mo cash flow from $970/mo rent with a $685/mo payment. Total monthly income totals $970/mo, and annual cash flow totals $298/yr on $46,410 capital. ROI tracks 20.55% on current figures, and rental yield reads 8.31% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash sums $49,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $970/mo property income instead of your personal income.
Single Family
Built in 1989
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69337, Chadron, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,051 (100%) |
| Owner Occupied HU | 1,504 (49.3%) |
| Renter Occupied HU | 1,059 (34.7%) |
| Vacant Housing Units | 488 (16.0%) |
| Median Home Value | $170,154 |
| Average Home Value | $203,032 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,566
Multi-Family
119
Businesses
329
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