505 N Bridge StRandolphNE68771
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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
Rental property for sale in Randolph at 505 N Bridge St, Randolph, NE, 68771 priced at $275,000 converts $1,453/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,453/mo. Return on cash invested prints 14.59% in year one, and rental yield reads 6.34% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 75.04% and total cumulative return in cash sums $68,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,453/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2013
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68771, Randolph, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 665 (100%) |
| Owner Occupied HU | 462 (69.5%) |
| Renter Occupied HU | 116 (17.4%) |
| Vacant Housing Units | 87 (13.1%) |
| Median Home Value | $201,563 |
| Average Home Value | $235,271 |
Housing Distribution
Address Breakdown
Residential
419
Single Family
419
Multi-Family
0
Businesses
59
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