809 E 2nd St, Crete, NE, 68333 | $7/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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809 E 2nd St, Crete, NE, 68333 | $7/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Crete at 809 E 2nd St, Crete, NE, 68333 uses $67,958 cash to close to unlock $84/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $1,391/mo, and a $1,003/mo payment keeps the spread at $7/mo. Purchase price stands at $205,000, and rental yield measures 8.14% with $1,391/mo rent. Return on cash invested shows 20.03% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 104.31% and total cumulative return in cash records $70,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $1,003/mo payment rather than investor’s personal income.

Single Family

Built in 1959

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Great Location...Close To Park/Pool. Here is a great Ranch style Home that has potential of 3-4 Bedrooms. Main level has 2 Bedrooms, full Bath, Kitchen, Dining Space and Living Room. The partially finished Basement has potential for 2 more Bedrooms and has a Bath started but not finished. Has low maintenance exterior with vinyl siding, storage shed for more storage, attached garage and has a nice privacy fence surrounding the backyard.

Neighborhood Data

Neighborhood data shown for ZIP Code: 68333, Crete, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,155 (100%)
Owner Occupied HU	1,863 (59.0%)
Renter Occupied HU	1,007 (31.9%)
Vacant Housing Units	285 ( 9.0%)
Median Home Value	$227,808
Average Home Value	$234,269