522 Main StFarnamNE69029
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 522 Main St, Farnam, NE, 69029 in Farnam hard to pass up. The 11.24% gross yield on a $199,900 purchase results in $1,873/mo in rent and $523/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.08). Annual cash flow of $6,280, five-year appreciation of $55,229, and $1,841/yr in equity build-up combine for a projected total cumulative return of $109,970.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $523 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,873 |
| Total Monthly Debt Service | $1,270 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69029, Farnam, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 153 (100%) |
| Owner Occupied HU | 103 (67.3%) |
| Renter Occupied HU | 26 (17.0%) |
| Vacant Housing Units | 24 (15.7%) |
| Median Home Value | $255,769 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
112
Multi-Family
1
Businesses
11
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
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69029, Farnam, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 153 (100%) |
| Owner Occupied HU | 103 (67.3%) |
| Renter Occupied HU | 26 (17.0%) |
| Vacant Housing Units | 24 (15.7%) |
| Median Home Value | $255,769 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
112
Multi-Family
1
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices