515 W 12th StAllianceNE69301
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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 Alliance at 515 W 12th St, Alliance, NE, 69301 listed at $110,000 pairs $862/mo rent with a $538/mo payment to leave $120/mo cash flow. Total monthly income runs $862/mo, and annual cash flow reaches $1,435/yr on $36,465 cash to close. Return on cash invested measures 23.84% in year one, and rental yield registers 9.4% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 124.72% and total cumulative return in cash totals $45,480. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $862/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69301, Alliance, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,588 (100%) |
| Owner Occupied HU | 2,750 (59.9%) |
| Renter Occupied HU | 1,226 (26.7%) |
| Vacant Housing Units | 612 (13.3%) |
| Median Home Value | $200,641 |
| Average Home Value | $230,927 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
3,786
Multi-Family
503
Businesses
434
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