5998 S RANGE RDNorth PlatteNE69101
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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
Investment property for sale in North Platte at 5998 S RANGE RD, North Platte, NE, 69101 uses $109,362 cash to close to unlock $1,583/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $2,360/mo, and a $1,615/mo payment keeps the spread at $132/mo. Purchase price stands at $329,900, and rental yield measures 8.58% with $2,360/mo rent. Return on cash invested shows 21.36% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash records $121,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,360/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Joy A Epler • COLDWELL BANKER PREFERRED GROUP
Mls Name: Lincoln County BOR (NE)
Mls ID: #26217