743 E Park StHastingsNE68901
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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 Hastings at 743 E Park St, Hastings, NE, 68901 generates $1,480/mo in rent and, after a $759/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,480/mo, and annual cash flow is $5,196/yr on $51,383 invested. Return on cash invested sits at 30.02% in year one, and rental yield is 11.46% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 157.79% and total cumulative return in cash sums $81,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
0.53 Acres 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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