622 8th StSaint PaulNE68873
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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 Saint Paul at 622 8th St, Saint Paul, NE, 68873 listed at $160,000 pairs $0/mo rent with a $783/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -4.53% in year one, and rental yield registers 0% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68873, Saint Paul, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,552 (100%) |
| Owner Occupied HU | 1,073 (69.1%) |
| Renter Occupied HU | 360 (23.2%) |
| Vacant Housing Units | 119 ( 7.7%) |
| Median Home Value | $222,643 |
| Average Home Value | $263,541 |
Housing Distribution
Address Breakdown
Residential
1,439
Single Family
1,398
Multi-Family
41
Businesses
155
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No similar rental properties found nearby.
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Listed by: Nicole Umrath • Nebraska Realty
Mls Name: Grand Island BOR
Mls ID: #20250846