702 17th AveFranklinNE68939
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 702 17th Ave, Franklin, NE, 68939 in Franklin at $100,000 earns $799/mo in rent and nets $101/mo after the $450/mo payment, a 9.31% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $27,628 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $921/yr in principal paydown, total projected return reaches $46,157.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $101 | $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 | $799 |
| Total Monthly Debt Service | $635 |
| DSCR Ratio | 1.26x |
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 1972
3,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68939, Franklin, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 396 (67.5%) |
| Renter Occupied HU | 111 (18.9%) |
| Vacant Housing Units | 80 (13.6%) |
| Median Home Value | $106,897 |
| Average Home Value | $162,064 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
93
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 1972
3,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68939, Franklin, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 396 (67.5%) |
| Renter Occupied HU | 111 (18.9%) |
| Vacant Housing Units | 80 (13.6%) |
| Median Home Value | $106,897 |
| Average Home Value | $162,064 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rusty Rhynalds • Rhynalds Auction & Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250432
Disclaimer: 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.