507 E 2nd StGordonNE69360
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 507 E 2nd St, Gordon, NE, 69360 in Gordon: $1,673/mo in rent, $831/mo net, 16.1% gross yield, all on a $124,667 acquisition. The 2.98 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $34,443 in value, and $1,148/yr in principal paydown steadily builds equity. Projected total cumulative return: $101,081.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16.1% | 6.2% |
| Monthly Cash Flow | $831 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,673 |
| Total Monthly Debt Service | $792 |
| DSCR Ratio | 2.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
10,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69360, Rushville, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 731 (100%) |
| Owner Occupied HU | 390 (53.4%) |
| Renter Occupied HU | 186 (25.4%) |
| Vacant Housing Units | 155 (21.2%) |
| Median Home Value | $107,500 |
| Average Home Value | $137,526 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
148
Multi-Family
8
Businesses
79
Nearby investment properties with comparable rents
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
Single Family
Built in 1910
10,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69360, Rushville, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 731 (100%) |
| Owner Occupied HU | 390 (53.4%) |
| Renter Occupied HU | 186 (25.4%) |
| Vacant Housing Units | 155 (21.2%) |
| Median Home Value | $107,500 |
| Average Home Value | $137,526 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
148
Multi-Family
8
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices