747 2nd StSyracuseNE68446
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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 Syracuse at 747 2nd St, Syracuse, NE, 68446 uses $39,780 cash to close to unlock $1,548/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $939/mo, and a $587/mo payment keeps the spread at $129/mo. Purchase price stands at $120,000, and rental yield measures 9.39% with $939/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 124.45% and total cumulative return in cash records $49,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $939/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68446, Syracuse, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 853 (73.3%) |
| Renter Occupied HU | 231 (19.9%) |
| Vacant Housing Units | 79 ( 6.8%) |
| Median Home Value | $243,301 |
| Average Home Value | $278,836 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,045
Multi-Family
32
Businesses
72
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