816 1st StMilfordNE68405
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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 Milford at 816 1st St, Milford, NE, 68405 offers a 9.93% rental yield on a $240,000 purchase with $1,987/mo rent. Total monthly income registers $1,987/mo, and a $1,175/mo payment leaves $366/mo available for distribution. Annual cash flow reaches $4,392/yr on $79,560 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 133.19% and total cumulative return in cash at $105,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,987/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68405, Milford, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 893 (65.4%) |
| Renter Occupied HU | 369 (27.0%) |
| Vacant Housing Units | 104 ( 7.6%) |
| Median Home Value | $256,473 |
| Average Home Value | $291,716 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,034
Multi-Family
23
Businesses
87
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