602 W Hoese StHartingtonNE68739
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
Investment property for sale in Hartington at 602 W Hoese St, Hartington, NE, 68739 offers a 9.85% rental yield on a $184,900 purchase with $1,517/mo rent. Total monthly income registers $1,517/mo, and a $905/mo payment leaves $268/mo available for distribution. Annual cash flow reaches $3,221/yr on $61,294 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 131.81% and total cumulative return in cash at $80,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68739, Hartington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 856 (70.6%) |
| Renter Occupied HU | 210 (17.3%) |
| Vacant Housing Units | 146 (12.0%) |
| Median Home Value | $230,159 |
| Average Home Value | $269,790 |
Housing Distribution
Address Breakdown
Residential
927
Single Family
881
Multi-Family
46
Businesses
157
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Nearby investment properties with comparable prices
Listed by: Bridget Whitmire • Whitmire & Associates Realty & Property Management, LLC
Mls Name: Lewis and Clark BOR
Mls Provider:
Mls ID: #116410
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.