816 8th StSyracuseNE68446
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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 Syracuse at 816 8th St, Syracuse, NE, 68446 priced at $193,500 pairs $1,922/mo rent with $615/mo cash flow after a $947/mo payment. Total monthly income equals $1,922/mo, and annual cash flow comes to $7,385/yr on $64,145 invested. Return on cash invested is 31.42% in year one, and rental yield stands at 11.92% on a $193,500 basis. Equity gained on principal adds $1,249/yr, and 5% annual appreciation accumulates to $53,460 by year five. Five-year ROI measures 165.37% and total cumulative return in cash reaches $106,075. For financing, Ziffy Mortgage’s DSCR program evaluates $1,922/mo property income against a $947/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68446, Syracuse, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 853 (73.3%) |
| Renter Occupied HU | 231 (19.9%) |
| Vacant Housing Units | 79 ( 6.8%) |
| Median Home Value | $243,301 |
| Average Home Value | $278,836 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,045
Multi-Family
32
Businesses
72
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