703 S Shimerda StWilberNE68465
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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
Investment Highlights
Rental property for sale in Wilber at 703 S Shimerda St, Wilber, NE, 68465 priced at $385,000 pairs $2,771/mo rent with $172/mo cash flow after a $1,884/mo payment. Total monthly income equals $2,771/mo, and annual cash flow comes to $2,058/yr on $127,628 invested. Return on cash invested is 21.52% in year one, and rental yield stands at 8.64% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 112.23% and total cumulative return in cash reaches $143,242. For financing, Ziffy Mortgage’s DSCR program evaluates $2,771/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68465, Wilber, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 717 (70.2%) |
| Renter Occupied HU | 206 (20.2%) |
| Vacant Housing Units | 99 ( 9.7%) |
| Median Home Value | $208,991 |
| Average Home Value | $239,738 |
Housing Distribution
Address Breakdown
Residential
689
Single Family
689
Multi-Family
0
Businesses
68
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