702 W 9th StNorth PlatteNE69101
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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 North Platte at 702 W 9th St, North Platte, NE, 69101 offers $1,390/mo rent that, after a $587/mo payment, leaves $580/mo cash flow. Total monthly income is $1,390/mo, and annual cash flow is $6,960/yr on $39,780 cash. Return on cash invested measures 37.41% in year one, and rental yield stands at 13.9% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 197.39% and total cumulative return in cash reaches $78,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,390/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
8,745 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Tony Eggleston • Agri Affiliates, Inc.
Mls Name: NY State MLS
Mls ID: #11495808