603 8th StOvertonNE68863
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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 Overton at 603 8th St, Overton, NE, 68863 uses $41,438 cash to close to unlock $1,509/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $970/mo, and a $612/mo payment keeps the spread at $126/mo. Purchase price stands at $125,000, and rental yield measures 9.31% with $970/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 123.12% and total cumulative return in cash records $51,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68863, Overton, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 304 (64.8%) |
| Renter Occupied HU | 104 (22.2%) |
| Vacant Housing Units | 61 (13.0%) |
| Median Home Value | $193,333 |
| Average Home Value | $241,612 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
30
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