723 W Harrison StAlbionNE68620
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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
Rental property for sale in Albion at 723 W Harrison St, Albion, NE, 68620 offers $1,829/mo rent that, after a $954/mo payment, leaves $513/mo cash flow. Total monthly income is $1,829/mo, and annual cash flow is $6,152/yr on $64,643 cash. Return on cash invested measures 29.43% in year one, and rental yield stands at 11.26% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 154.63% and total cumulative return in cash reaches $99,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,829/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68620, Albion, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 891 (65.2%) |
| Renter Occupied HU | 326 (23.9%) |
| Vacant Housing Units | 149 (10.9%) |
| Median Home Value | $229,785 |
| Average Home Value | $263,157 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,215
Multi-Family
54
Businesses
163
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