606 Main AveCreteNE68333
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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
Rental property for sale in Crete at 606 Main Ave, Crete, NE, 68333 generates $1,188/mo in rent and, after a $649/mo payment, leaves $293/mo in cash flow. Total monthly income is $1,188/mo, and annual cash flow is $3,513/yr on $43,924 invested. Return on cash invested sits at 27.91% in year one, and rental yield is 10.76% on a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 146.51% and total cumulative return in cash sums $64,352. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68333, Crete, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,155 (100%) |
| Owner Occupied HU | 1,863 (59.0%) |
| Renter Occupied HU | 1,007 (31.9%) |
| Vacant Housing Units | 285 ( 9.0%) |
| Median Home Value | $227,808 |
| Average Home Value | $234,269 |
Housing Distribution
Address Breakdown
Residential
3,038
Single Family
2,845
Multi-Family
193
Businesses
258
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