602 Patterson CtNorth PlatteNE69143
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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 602 Patterson Ct, North Platte, NE, 69143 offers a 6.97% rental yield on a $345,000 purchase with $2,004/mo rent. 49% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 85.23% and total cumulative return in cash at $97,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,004/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69143, Hershey, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 460 (73.1%) |
| Renter Occupied HU | 118 (18.8%) |
| Vacant Housing Units | 51 ( 8.1%) |
| Median Home Value | $242,778 |
| Average Home Value | $303,739 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
36
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Listed by: Team Frame & Moore • GREAT PLAINS REALTY
Mls Name: Lincoln County BOR (NE)
Mls ID: #26766