581 I StDavid CityNE68632
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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 David City at 581 I St, David City, NE, 68632 priced at $289,000 pairs $2,208/mo rent with $256/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,208/mo, and annual cash flow comes to $3,071/yr on $95,804 invested. Return on cash invested is 23.11% in year one, and rental yield stands at 9.17% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 120.76% and total cumulative return in cash reaches $115,694. For financing, Ziffy Mortgage’s DSCR program evaluates $2,208/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
7,013 sqft 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: N/A • N/A
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