624 N 6th StPlattsmouthNE68048
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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 Plattsmouth at 624 N 6th St, Plattsmouth, NE, 68048 uses $107,738 cash to close to unlock $4,380/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $2,560/mo, and a $1,591/mo payment keeps the spread at $365/mo. Purchase price stands at $325,000, and rental yield measures 9.45% with $2,560/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 125.43% and total cumulative return in cash records $135,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,560/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1908
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68048, Plattsmouth, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,885 (100%) |
| Owner Occupied HU | 4,219 (71.7%) |
| Renter Occupied HU | 1,099 (18.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $259,323 |
| Average Home Value | $311,653 |
Housing Distribution
Address Breakdown
Residential
5,393
Single Family
5,215
Multi-Family
178
Businesses
327
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Listed by: Hayden Krauth • Nebraska Realty
Mls Name: GPRMLS
Mls ID: #22519227