815 Garfield StHoldregeNE68949
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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
Rental property for sale in Holdrege at 815 Garfield St, Holdrege, NE, 68949 priced at $169,900 converts $1,859/mo rent into $711/mo cash flow after a $832/mo obligation. Total monthly income equals $1,859/mo, and annual cash flow totals $8,535/yr on $56,322 invested. Return on cash invested prints 35.06% in year one, and rental yield reads 13.13% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 184.9% and total cumulative return in cash sums $104,138. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,859/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1900
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68949, Holdrege, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,945 (62.8%) |
| Renter Occupied HU | 836 (27.0%) |
| Vacant Housing Units | 317 (10.2%) |
| Median Home Value | $191,346 |
| Average Home Value | $252,379 |
Housing Distribution
Address Breakdown
Residential
2,961
Single Family
2,726
Multi-Family
235
Businesses
372
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Listed by: Kelsey Janssen • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20241199
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.