801 E 3rd StNorth PlatteNE69101
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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 North Platte at 801 E 3rd St, North Platte, NE, 69101 listed at $181,900 pairs $1,688/mo rent with a $890/mo payment to leave $460/mo cash flow. Total monthly income runs $1,688/mo, and annual cash flow reaches $5,520/yr on $60,300 cash to close. Return on cash invested measures 29.06% in year one, and rental yield registers 11.14% at a $181,900 basis. Equity gained on principal adds $1,174/yr, and annual property appreciation at 5% supports $50,256 by year five. Five-year ROI tracks 152.66% and total cumulative return in cash totals $92,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,688/mo property income relative to a $890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
5,808 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Carrie Rickertsen • NEBRASKA REALTY GOTHENBURG
Mls Name: Lincoln County BOR (NE)
Mls ID: #25863