609 E 2nd St.PaxtonNE69155
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 609 E 2nd St, Paxton, NE, 69155 in Paxton at $130,000 earns $986/mo in rent and nets $109/mo after the $585/mo payment, a 9.11% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,917 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,197/yr in principal paydown, total projected return reaches $56,573.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $109 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $986 |
| Total Monthly Debt Service | $826 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
5,507 sqft 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
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
Single Family
Built in 1930
5,507 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices