509 E 3rd StKimballNE69145
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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
Investment property for sale in Kimball at 509 E 3rd St, Kimball, NE, 69145 offers a 10.61% rental yield on a $119,000 purchase with $1,052/mo rent. Total monthly income registers $1,052/mo, and a $582/mo payment leaves $249/mo available for distribution. Annual cash flow reaches $2,986/yr on $39,449 to close, and return on cash invested stands at 27.48% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 144.17% and total cumulative return in cash at $56,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,052/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
7,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Amber Howell • Home Team Realty Inc
Mls Name: SBCMLS
Mls ID: #25746
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.