801 Sicily AveRavennaNE68869
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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 Ravenna at 801 Sicily Ave, Ravenna, NE, 68869 uses $82,378 cash to close to unlock $2,570/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,892/mo, and a $1,216/mo payment keeps the spread at $214/mo. Purchase price stands at $248,500, and rental yield measures 9.14% with $1,892/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $68,656 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash records $99,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,892/mo property income covering a $1,216/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68869, Ravenna, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 672 (65.7%) |
| Renter Occupied HU | 225 (22.0%) |
| Vacant Housing Units | 126 (12.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
932
Multi-Family
50
Businesses
98
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Listed by: Heath Smallcomb • RE/MAX Executives, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251304
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.