525 7th StPhillipsNE68865
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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 Phillips at 525 7th St, Phillips, NE, 68865 priced at $338,000 pairs $0/mo rent with after a $1,654/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.53% in year one, and rental yield stands at 0% on a $338,000 basis. Equity gained on principal adds $2,181/yr, and 5% annual appreciation accumulates to $93,383 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,654/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68865, Phillips, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 325 (81.2%) |
| Renter Occupied HU | 45 (11.2%) |
| Vacant Housing Units | 30 ( 7.5%) |
| Median Home Value | $352,344 |
| Average Home Value | $383,954 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Brittany Utter • Keller Williams Heartland
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20241871
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.