819 Briggs AveHastingsNE68901
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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 Hastings at 819 Briggs Ave, Hastings, NE, 68901 earns $690/mo cash flow from $2,142/mo rent with a $1,052/mo payment. Total monthly income totals $2,142/mo, and annual cash flow totals $8,286/yr on $71,273 capital. ROI tracks 31.53% on current figures, and rental yield reads 11.96% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 165.96% and total cumulative return in cash sums $118,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,142/mo property income instead of your personal income.
Single Family
Built in 1946
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Anya Sunderman • Real Estate Group of Hastings, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251426
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.