609 7th StArapahoeNE68922
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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 Arapahoe at 609 7th St, Arapahoe, NE, 68922 offers a 9.52% rental yield on a $140,000 purchase with $1,111/mo rent. Total monthly income registers $1,111/mo, and a $685/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,990/yr on $46,410 to close, and return on cash invested stands at 24.2% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 126.59% and total cumulative return in cash at $58,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,111/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68922, Arapahoe, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 353 (56.7%) |
| Renter Occupied HU | 151 (24.2%) |
| Vacant Housing Units | 119 (19.1%) |
| Median Home Value | $109,631 |
| Average Home Value | $152,960 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
388
Multi-Family
49
Businesses
83
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