647 Belmont StAllianceNE69301
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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 Alliance at 647 Belmont St, Alliance, NE, 69301 generates $1,184/mo in rent, after a $905/mo payment. Total monthly income is $1,184/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.68% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 96.84% and total cumulative return in cash sums $59,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
7,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69301, Alliance, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,588 (100%) |
| Owner Occupied HU | 2,750 (59.9%) |
| Renter Occupied HU | 1,226 (26.7%) |
| Vacant Housing Units | 612 (13.3%) |
| Median Home Value | $200,641 |
| Average Home Value | $230,927 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
3,786
Multi-Family
503
Businesses
434
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