721 N Saunders AveHastingsNE68901
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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 Hastings at 721 N Saunders Ave, Hastings, NE, 68901 uses $74,554 cash to close to unlock $1,861/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,101/mo payment keeps the spread at $155/mo. Purchase price stands at $224,900, and rental yield measures 8.93% with $1,674/mo rent. Return on cash invested shows 22.4% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $87,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,468 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Haylee White • Berkshire Hathaway HomeServices Da-Ly Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250202
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