624 Court StImperialNE69033
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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 Imperial at 624 Court St, Imperial, NE, 69033 priced at $140,000 converts $1,199/mo rent into $254/mo cash flow after a $685/mo obligation. Total monthly income equals $1,199/mo, and annual cash flow totals $3,046/yr on $46,410 invested. Return on cash invested prints 26.47% in year one, and rental yield reads 10.28% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 138.77% and total cumulative return in cash sums $64,402. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,199/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1919
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69033, Imperial, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,121 (100%) |
| Owner Occupied HU | 706 (63.0%) |
| Renter Occupied HU | 268 (23.9%) |
| Vacant Housing Units | 147 (13.1%) |
| Median Home Value | $249,351 |
| Average Home Value | $274,940 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
178
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