720 J StGeringNE69341
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 720 J St, Gering, NE, 69341 in Gering at $235,000, 5.15% gross yield, is a market-growth asset. Rental yield 5.15%. The $1,024/mo rent partially funds the $1,057/mo debt service; the core return is the 5%/yr price growth projected to add $64,926 over five years. Ziffy Mortgage's DSCR mortgage (0.97) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $53,480.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.5% |
| Monthly Cash Flow | $(579) | $450 |
City averages based on Gering market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,024 |
| Total Monthly Debt Service | $1,493 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
8,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69341, Gering, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,149 (66.3%) |
| Renter Occupied HU | 1,208 (25.4%) |
| Vacant Housing Units | 390 ( 8.2%) |
| Median Home Value | $192,538 |
| Average Home Value | $209,248 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
Nearby investment properties with comparable rents
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
Single Family
Built in 1962
8,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69341, Gering, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,149 (66.3%) |
| Renter Occupied HU | 1,208 (25.4%) |
| Vacant Housing Units | 390 ( 8.2%) |
| Median Home Value | $192,538 |
| Average Home Value | $209,248 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlin Copas • NEBRASKA REALTY
Mls Name: SBCMLS
Mls ID: #26411
Disclaimer: 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.