604 Court StStromsburgNE68666
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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 Stromsburg at 604 Court St, Stromsburg, NE, 68666 uses $129,617 cash to close to unlock $2,213/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $1,914/mo payment keeps the spread at $184/mo. Purchase price stands at $391,000, and rental yield measures 8.67% with $2,825/mo rent. Return on cash invested shows 21.62% in year one, and 5% annual appreciation builds toward $108,026 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash records $146,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $1,914/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68666, Stromsburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 483 (68.9%) |
| Renter Occupied HU | 150 (21.4%) |
| Vacant Housing Units | 68 ( 9.7%) |
| Median Home Value | $167,708 |
| Average Home Value | $229,741 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
340
Multi-Family
11
Businesses
82
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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