








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Ashland at 542 Cedar St, Ashland, NE, 68003 offers $2,192/mo rent that, after a $1,248/mo payment, leaves $470/mo cash flow. Total monthly income is $2,192/mo, and annual cash flow is $5,641/yr on $84,533 cash. Return on cash invested measures 26.58% in year one, and rental yield stands at 10.32% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 139.41% and total cumulative return in cash reaches $117,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,192/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 68003, Ashland, NE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,762 (100%) |
| Owner Occupied HU | 1,690 (61.2%) |
| Renter Occupied HU | 599 (21.7%) |
| Vacant Housing Units | 473 (17.1%) |
| Median Home Value | $305,510 |
| Average Home Value | $359,666 |
Residential
2,377
Single Family
2,244
Multi-Family
133
Businesses
165
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Sold | $255,000 |
| 2025-07-31 | Pending sale | $260,000 |
| 2025-07-19 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2236.38 | -23.00% | $160,213 | -4.90% |
| 2023-10-22 | $2904.26 | 25.65% | $168,475 | 32.75% |
| 2022-10-22 | $2311.38 | -1.66% | $126,914 | -2.65% |



Listed by: Joe Bush • Coldwell Banker NHS RE
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22520182
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.