608 W 3rd StPaxtonNE69155
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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
Investment property for sale in Paxton at 608 W 3rd St, Paxton, NE, 69155 with 5% annual appreciation on a $179,000 basis while $1,510/mo rent supports operations. Total monthly income totals $1,510/mo and a $876/mo payment preserves $301/mo for cash returns. Annual cash flow comes to $3,616/yr on $59,339 deployed, and return on cash invested reaches 26% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 10.12%. Five-year ROI measures 136.33% and total cumulative return in cash totals $80,895.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,510/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1987
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69155, Paxton, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 296 (65.5%) |
| Renter Occupied HU | 100 (22.1%) |
| Vacant Housing Units | 56 (12.4%) |
| Median Home Value | $193,750 |
| Average Home Value | $301,140 |
Housing Distribution
Address Breakdown
Residential
270
Single Family
270
Multi-Family
0
Businesses
40
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