674 3rd AveColumbusNE68601
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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 Columbus at 674 3rd Ave, Columbus, NE, 68601 generates $1,889/mo in rent and, after a $1,273/mo payment, leaves $133/mo in cash flow. Total monthly income is $1,889/mo, and annual cash flow is $1,594/yr on $86,190 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 8.72% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 113.5% and total cumulative return in cash sums $97,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
8,325 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68601, Columbus, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,039 (100%) |
| Owner Occupied HU | 8,549 (65.6%) |
| Renter Occupied HU | 3,561 (27.3%) |
| Vacant Housing Units | 929 ( 7.1%) |
| Median Home Value | $228,787 |
| Average Home Value | $270,066 |
Housing Distribution
Address Breakdown
Residential
12,759
Single Family
11,781
Multi-Family
978
Businesses
918
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