506 Vista AveWest PointNE68788
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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 West Point at 506 Vista Ave, West Point, NE, 68788 offers $1,532/mo rent that, after a $1,762/mo payment. Total monthly income is $1,532/mo. Return on cash invested measures 10.87% in year one, and rental yield stands at 5.11% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 55.14% and total cumulative return in cash reaches $65,786. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,532/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68788, West Point, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,396 (61.5%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 267 (11.8%) |
| Median Home Value | $239,901 |
| Average Home Value | $270,423 |
Housing Distribution
Address Breakdown
Residential
2,004
Single Family
1,906
Multi-Family
98
Businesses
262
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Listed by: Jason Harstick • Keller Williams Lincoln
Mls Name: GPRMLS
Mls ID: #22600296