715 Oak AveCreteNE68333
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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 Crete at 715 Oak Ave, Crete, NE, 68333 offers a 6.61% rental yield on a $235,000 purchase with $1,295/mo rent. 42% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 79.52% and total cumulative return in cash at $61,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,295/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68333, Crete, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,155 (100%) |
| Owner Occupied HU | 1,863 (59.0%) |
| Renter Occupied HU | 1,007 (31.9%) |
| Vacant Housing Units | 285 ( 9.0%) |
| Median Home Value | $227,808 |
| Average Home Value | $234,269 |
Housing Distribution
Address Breakdown
Residential
3,038
Single Family
2,845
Multi-Family
193
Businesses
258
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Listed by: Jenn Uher • Nebraska Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22423348
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.