519 E 3rd StOgallalaNE69153
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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
Rental property for sale in Ogallala at 519 E 3rd St, Ogallala, NE, 69153 generates $1,175/mo in rent and, after a $713/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,175/mo, and annual cash flow is $2,295/yr on $48,300 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 9.68% on a $145,700 entry. Equity gained on principal adds $940/yr, while 5% annual appreciation builds toward $40,254 over five years. Five-year ROI reaches 129.14% and total cumulative return in cash sums $62,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
4,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69153, Ogallala, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,831 (56.5%) |
| Renter Occupied HU | 810 (25.0%) |
| Vacant Housing Units | 600 (18.5%) |
| Median Home Value | $174,053 |
| Average Home Value | $225,806 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,511
Multi-Family
108
Businesses
390
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