508 W Johnson StClay CenterNE68933
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
Investment Highlights
Rental property for sale in Clay Center at 508 W Johnson St, Clay Center, NE, 68933 generates $1,424/mo in rent, after a $1,077/mo payment. Total monthly income is $1,424/mo. Return on cash invested sits at 18.89% in year one, and rental yield is 7.77% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 98.18% and total cumulative return in cash sums $71,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,424/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68933, Clay Center, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 284 (71.7%) |
| Renter Occupied HU | 73 (18.4%) |
| Vacant Housing Units | 39 ( 9.8%) |
| Median Home Value | $166,447 |
| Average Home Value | $201,831 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
405
Multi-Family
8
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Smith • Bergen Real Estate
Mls Name: My State MLS
Mls ID: #11346200