60043 McCain RdMitchellNE69357
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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 Mitchell at 60043 McCain Rd, Mitchell, NE, 69357 generates $1,153/mo in rent, after a $1,317/mo payment. Total monthly income is $1,153/mo. Return on cash invested sits at 10.98% in year one, and rental yield is 5.14% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 55.71% and total cumulative return in cash sums $49,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,153/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69357, Mitchell, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,056 (66.5%) |
| Renter Occupied HU | 347 (21.9%) |
| Vacant Housing Units | 184 (11.6%) |
| Median Home Value | $200,694 |
| Average Home Value | $250,497 |
Housing Distribution
Address Breakdown
Residential
1,482
Single Family
1,470
Multi-Family
12
Businesses
99
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