602 B StSheltonNE68876
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
Rental property for sale in Shelton at 602 B St, Shelton, NE, 68876 offers $1,871/mo rent that, after a $1,101/mo payment, leaves $352/mo cash flow. Total monthly income is $1,871/mo, and annual cash flow is $4,223/yr on $74,588 cash. Return on cash invested measures 25.57% in year one, and rental yield stands at 9.98% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 133.92% and total cumulative return in cash reaches $99,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,871/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68876, Shelton, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 667 (100%) |
| Owner Occupied HU | 467 (70.0%) |
| Renter Occupied HU | 139 (20.8%) |
| Vacant Housing Units | 61 ( 9.1%) |
| Median Home Value | $229,110 |
| Average Home Value | $254,566 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
35
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