616 East AveHoldregeNE68949
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
Investment property for sale in Holdrege at 616 East Ave, Holdrege, NE, 68949 uses $108,235 cash to close to unlock $5,799/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $2,688/mo, and a $1,598/mo payment keeps the spread at $483/mo. Purchase price stands at $326,500, and rental yield measures 9.88% with $2,688/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $90,206 over five years. Five-year ROI reaches 132.34% and total cumulative return in cash records $143,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,688/mo property income covering a $1,598/mo payment rather than investor’s personal income.
Single Family
Built in 1915
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68949, Holdrege, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,945 (62.8%) |
| Renter Occupied HU | 836 (27.0%) |
| Vacant Housing Units | 317 (10.2%) |
| Median Home Value | $191,346 |
| Average Home Value | $252,379 |
Housing Distribution
Address Breakdown
Residential
2,961
Single Family
2,726
Multi-Family
235
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices