711 18th StGothenburgNE69138
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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 Gothenburg at 711 18th St, Gothenburg, NE, 69138 uses $81,184 cash to close to unlock $5,051/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,075/mo, and a $1,199/mo payment keeps the spread at $421/mo. Purchase price stands at $244,900, and rental yield measures 10.17% with $2,075/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 136.95% and total cumulative return in cash records $111,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,075/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69138, Gothenburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,278 (63.9%) |
| Renter Occupied HU | 495 (24.7%) |
| Vacant Housing Units | 228 (11.4%) |
| Median Home Value | $225,862 |
| Average Home Value | $259,689 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,789
Multi-Family
132
Businesses
216
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Listed by: Raelyn Maxwell • Gothenburg Realty Cottonwood Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251418