612 W Elm StWilberNE68465
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
Investment Highlights
Rental property for sale in Wilber at 612 W Elm St, Wilber, NE, 68465 priced at $189,999 converts $1,519/mo rent into $236/mo cash flow after a $930/mo obligation. Total monthly income equals $1,519/mo, and annual cash flow totals $2,831/yr on $62,985 invested. Return on cash invested prints 24.4% in year one, and rental yield reads 9.59% against a $189,999 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,493 by year five. Five-year ROI reaches 127.67% and total cumulative return in cash sums $80,412. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,519/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1905
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68465, Wilber, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 717 (70.2%) |
| Renter Occupied HU | 206 (20.2%) |
| Vacant Housing Units | 99 ( 9.7%) |
| Median Home Value | $208,991 |
| Average Home Value | $239,738 |
Housing Distribution
Address Breakdown
Residential
689
Single Family
689
Multi-Family
0
Businesses
68
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