611 5th StMilfordNE68405
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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 Milford at 611 5th St, Milford, NE, 68405 uses $66,300 cash to close to unlock $7,200/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $1,962/mo, and a $979/mo payment keeps the spread at $600/mo. Purchase price stands at $200,000, and rental yield measures 11.77% with $1,962/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 161.88% and total cumulative return in cash records $107,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $979/mo payment rather than investor’s personal income.
Multi Family
Built in 1908
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68405, Milford, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 893 (65.4%) |
| Renter Occupied HU | 369 (27.0%) |
| Vacant Housing Units | 104 ( 7.6%) |
| Median Home Value | $256,473 |
| Average Home Value | $291,716 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,034
Multi-Family
23
Businesses
87
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Listed by: Kasandra Myers • Nebraska Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22508873
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.