630 N Cherry StRed CloudNE68970
INVESTMENT ANALYSIS
Investment Verdict
Solid Income630 N Cherry St, Red Cloud, NE, 68970 in Red Cloud is a solid income-producing rental, 9.78% gross yield, $2,485/mo rent, $426/mo net cash flow on a $305,000 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $84,266 and $2,809/yr in principal reduction project a total cumulative return of $143,846.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $426 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,485 |
| Total Monthly Debt Service | $1,938 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68970, Red Cloud, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 458 (60.3%) |
| Renter Occupied HU | 112 (14.8%) |
| Vacant Housing Units | 189 (24.9%) |
| Median Home Value | $79,057 |
| Average Home Value | $123,559 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
612
Multi-Family
9
Businesses
109
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
Single Family
Built in 1991
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68970, Red Cloud, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 458 (60.3%) |
| Renter Occupied HU | 112 (14.8%) |
| Vacant Housing Units | 189 (24.9%) |
| Median Home Value | $79,057 |
| Average Home Value | $123,559 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
612
Multi-Family
9
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices