823 Grand AveRavennaNE68869
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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 Ravenna at 823 Grand Ave, Ravenna, NE, 68869 priced at $314,900 pairs $2,302/mo rent with $176/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,302/mo, and annual cash flow comes to $2,110/yr on $104,389 invested. Return on cash invested is 21.93% in year one, and rental yield stands at 8.77% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 114.42% and total cumulative return in cash reaches $119,446. For financing, Ziffy Mortgage’s DSCR program evaluates $2,302/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68869, Ravenna, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 672 (65.7%) |
| Renter Occupied HU | 225 (22.0%) |
| Vacant Housing Units | 126 (12.3%) |
| Median Home Value | $197,727 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
932
Multi-Family
50
Businesses
98
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Listed by: Ann Obermiller • RAI of Nebraska
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20240779
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.