607 E 2nd StMcCookNE69001
Nearby investment properties with comparable rents
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 McCook at 607 E 2nd St, McCook, NE, 69001 offers $1,122/mo rent that, after a $489/mo payment, leaves $447/mo cash flow. Total monthly income is $1,122/mo, and annual cash flow is $5,366/yr on $33,150 cash. Return on cash invested measures 36.1% in year one, and rental yield stands at 13.46% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 190.53% and total cumulative return in cash reaches $63,160. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,122/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69001, Mc Cook, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,322 (100%) |
| Owner Occupied HU | 2,678 (62.0%) |
| Renter Occupied HU | 1,137 (26.3%) |
| Vacant Housing Units | 507 (11.7%) |
| Median Home Value | $174,283 |
| Average Home Value | $202,190 |
Housing Distribution
Address Breakdown
Residential
4,088
Single Family
3,866
Multi-Family
222
Businesses
591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices