640 E David StWest PointNE68788
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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 West Point at 640 E David St, West Point, NE, 68788 uses $64,609 cash to close to unlock $1,870/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,472/mo, and a $954/mo payment keeps the spread at $156/mo. Purchase price stands at $194,900, and rental yield measures 9.06% with $1,472/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 119.11% and total cumulative return in cash records $76,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,472/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1930
4,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68788, West Point, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,396 (61.5%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 267 (11.8%) |
| Median Home Value | $239,901 |
| Average Home Value | $270,423 |
Housing Distribution
Address Breakdown
Residential
2,004
Single Family
1,906
Multi-Family
98
Businesses
262
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Listed by: Maria Janata • Ortmeier & Associates Inc
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22505818
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.