606 Highland DrOgallalaNE69153
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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
Rental property for sale in Ogallala at 606 Highland Dr, Ogallala, NE, 69153 priced at $156,000 pairs $1,172/mo rent with $118/mo cash flow after a $764/mo payment. Total monthly income equals $1,172/mo, and annual cash flow comes to $1,417/yr on $51,714 invested. Return on cash invested is 22.65% in year one, and rental yield stands at 9.02% on a $156,000 basis. Equity gained on principal adds $1,007/yr, and 5% annual appreciation accumulates to $43,100 by year five. Five-year ROI measures 118.35% and total cumulative return in cash reaches $61,206. For financing, Ziffy Mortgage’s DSCR program evaluates $1,172/mo property income against a $764/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
5,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69153, Ogallala, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,831 (56.5%) |
| Renter Occupied HU | 810 (25.0%) |
| Vacant Housing Units | 600 (18.5%) |
| Median Home Value | $174,053 |
| Average Home Value | $225,806 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,511
Multi-Family
108
Businesses
390
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