818 Mockingbird DrNorth PlatteNE69101
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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 North Platte at 818 Mockingbird Dr, North Platte, NE, 69101 priced at $374,900 converts $2,582/mo rent into $50/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,582/mo, and annual cash flow totals $604/yr on $124,279 invested. Return on cash invested prints 20.39% in year one, and rental yield reads 8.26% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 106.21% and total cumulative return in cash sums $131,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,582/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,669 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Deejay January-jackson • Great Plains Realty
Mls Name: My State MLS
Mls ID: #11478843