702 Avenue CPlattsmouthNE68048
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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 Plattsmouth at 702 Avenue C, Plattsmouth, NE, 68048 offers a 9.19% rental yield on a $289,500 purchase with $2,218/mo rent. Total monthly income registers $2,218/mo, and a $1,417/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,156/yr on $95,969 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $1,868/yr while 5% annual appreciation supports $79,984 over five years. Portfolio math shows five-year ROI at 121.27% and total cumulative return in cash at $116,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $1,417/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68048, Plattsmouth, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,885 (100%) |
| Owner Occupied HU | 4,219 (71.7%) |
| Renter Occupied HU | 1,099 (18.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $259,323 |
| Average Home Value | $311,653 |
Housing Distribution
Address Breakdown
Residential
5,393
Single Family
5,215
Multi-Family
178
Businesses
327
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Listed by: Stephanie Matson • Coldwell Banker NHS RE
Mls Name: GPRMLS
Mls ID: #22521335