606 S Brown AveMindenNE68959
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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 Minden at 606 S Brown Ave, Minden, NE, 68959 listed at $290,000 pairs $2,818/mo rent with a $1,419/mo payment to leave $860/mo cash flow. Total monthly income runs $2,818/mo, and annual cash flow reaches $10,321/yr on $96,135 cash to close. Return on cash invested measures 30.64% in year one, and rental yield registers 11.66% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 161.2% and total cumulative return in cash totals $154,972. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,818/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
8,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68959, Minden, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,206 (68.6%) |
| Renter Occupied HU | 432 (24.6%) |
| Vacant Housing Units | 119 ( 6.8%) |
| Median Home Value | $223,953 |
| Average Home Value | $261,600 |
Housing Distribution
Address Breakdown
Residential
1,652
Single Family
1,626
Multi-Family
26
Businesses
182
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Listed by: Dawn Thompson • eXp Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.