605 16th AvePlattsmouthNE68048
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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 Plattsmouth at 605 16th Ave, Plattsmouth, NE, 68048 listed at $282,500 pairs $2,417/mo rent with a $1,383/mo payment to leave $509/mo cash flow. Total monthly income runs $2,417/mo, and annual cash flow reaches $6,108/yr on $93,649 cash to close. Return on cash invested measures 26.43% in year one, and rental yield registers 10.27% at a $282,500 basis. Equity gained on principal adds $1,823/yr, and annual property appreciation at 5% supports $78,050 by year five. Five-year ROI tracks 138.62% and total cumulative return in cash totals $129,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,417/mo property income relative to a $1,383/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68048, Plattsmouth, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,885 (100%) |
| Owner Occupied HU | 4,219 (71.7%) |
| Renter Occupied HU | 1,099 (18.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $259,323 |
| Average Home Value | $311,653 |
Housing Distribution
Address Breakdown
Residential
5,393
Single Family
5,215
Multi-Family
178
Businesses
327
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Listed by: Andrea Lusch • Hike Real Estate PC Bellevue
Mls Name: GPRMLS
Mls ID: #22532128