507 8th StArapahoeNE68922
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Nearby investment properties with comparable prices
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 Arapahoe at 507 8th St, Arapahoe, NE, 68922 offers a 14.28% rental yield on a $125,585 purchase with $1,494/mo rent. Total monthly income registers $1,494/mo, and a $615/mo payment leaves $646/mo available for distribution. Annual cash flow reaches $7,747/yr on $41,631 to close, and return on cash invested stands at 38.52% in year one. Equity gained on principal adds $810/yr while 5% annual appreciation supports $34,697 over five years. Portfolio math shows five-year ROI at 203.38% and total cumulative return in cash at $84,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,494/mo property income against a $615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68922, Arapahoe, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 353 (56.7%) |
| Renter Occupied HU | 151 (24.2%) |
| Vacant Housing Units | 119 (19.1%) |
| Median Home Value | $109,631 |
| Average Home Value | $152,960 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
388
Multi-Family
49
Businesses
83
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