612 Avenue CPlattsmouthNE68048
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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
Rental property for sale in Plattsmouth at 612 Avenue C, Plattsmouth, NE, 68048 generates $1,920/mo in rent and, after a $979/mo payment, leaves $569/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $6,832/yr on $66,300 invested. Return on cash invested sits at 30.21% in year one, and rental yield is 11.52% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 158.89% and total cumulative return in cash sums $105,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68048, Plattsmouth, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,885 (100%) |
| Owner Occupied HU | 4,219 (71.7%) |
| Renter Occupied HU | 1,099 (18.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $259,323 |
| Average Home Value | $311,653 |
Housing Distribution
Address Breakdown
Residential
5,393
Single Family
5,215
Multi-Family
178
Businesses
327
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Listed by: Bree Beck • eXp Realty LLC
Mls Name: GPRMLS
Mls ID: #22532564