533 N 3rd StDavid CityNE68632
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
Investment property for sale in David City at 533 N 3rd St, David City, NE, 68632 offers a 8.38% rental yield on a $198,000 purchase with $1,382/mo rent. Total monthly income registers $1,382/mo, and a $969/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $541/yr on $65,637 to close, and return on cash invested stands at 20.73% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 108.05% and total cumulative return in cash at $70,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,382/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68632, David City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,772 (100%) |
| Owner Occupied HU | 1,097 (61.9%) |
| Renter Occupied HU | 487 (27.5%) |
| Vacant Housing Units | 188 (10.6%) |
| Median Home Value | $206,466 |
| Average Home Value | $241,190 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,522
Multi-Family
78
Businesses
145
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Listed by: Elisa Saenz • NEBRASKA REALTY
Mls Name: Columbus BOR NE
Mls ID: #20250617