612 E 7th StLexingtonNE68850
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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 Lexington at 612 E 7th St, Lexington, NE, 68850 listed at $120,000 pairs $913/mo rent with a $587/mo payment to leave $103/mo cash flow. Total monthly income runs $913/mo, and annual cash flow reaches $1,236/yr on $39,780 cash to close. Return on cash invested measures 23.02% in year one, and rental yield registers 9.13% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 120.23% and total cumulative return in cash totals $47,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $913/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68850, Lexington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,598 (58.7%) |
| Renter Occupied HU | 1,535 (34.7%) |
| Vacant Housing Units | 294 ( 6.6%) |
| Median Home Value | $171,404 |
| Average Home Value | $226,489 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,013
Multi-Family
297
Businesses
430
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