513 N Main StGordonNE69343
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 Gordon at 513 N Main St, Gordon, NE, 69343 offers $1,028/mo rent that, after a $538/mo payment, leaves $286/mo cash flow. Total monthly income is $1,028/mo, and annual cash flow is $3,427/yr on $36,465 cash. Return on cash invested measures 29.31% in year one, and rental yield stands at 11.21% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 154.04% and total cumulative return in cash reaches $56,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,028/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69343, Gordon, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,120 (100%) |
| Owner Occupied HU | 638 (57.0%) |
| Renter Occupied HU | 262 (23.4%) |
| Vacant Housing Units | 220 (19.6%) |
| Median Home Value | $112,917 |
| Average Home Value | $240,533 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
982
Multi-Family
25
Businesses
133
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