651 N Center AveMorrillNE69358
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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 Morrill at 651 N Center Ave, Morrill, NE, 69358 earns $173/mo cash flow from $1,115/mo rent with a $683/mo payment. Total monthly income totals $1,115/mo, and annual cash flow totals $2,073/yr on $46,244 capital. ROI tracks 24.39% on current figures, and rental yield reads 9.59% at a $139,500 purchase. Equity gained on principal adds $900/yr, and 5% annual appreciation supports $38,541 over five years. Five-year ROI reaches 127.61% and total cumulative return in cash sums $59,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,115/mo property income instead of your personal income.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69358, Morrill, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 551 (64.1%) |
| Renter Occupied HU | 213 (24.8%) |
| Vacant Housing Units | 95 (11.1%) |
| Median Home Value | $182,904 |
| Average Home Value | $215,676 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
628
Multi-Family
0
Businesses
50
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