802 Drew LnGibbonNE68840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gibbon at 802 Drew Ln, Gibbon, NE, 68840 priced at $180,000 converts $1,362/mo rent into $147/mo cash flow after a $881/mo obligation. Total monthly income equals $1,362/mo, and annual cash flow totals $1,758/yr on $59,670 invested. Return on cash invested prints 22.86% in year one, and rental yield reads 9.08% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 119.42% and total cumulative return in cash sums $71,261. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,362/mo property income covering a $881/mo payment, not borrower’s personal income.
Townhouse
Built in 2001
8,741 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68840, Gibbon, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 813 (68.5%) |
| Renter Occupied HU | 277 (23.4%) |
| Vacant Housing Units | 96 ( 8.1%) |
| Median Home Value | $283,209 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
70
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Listed by: Scott Anderson • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250189
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.