840 N 3rd StDavid CityNE68632
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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 David City at 840 N 3rd St, David City, NE, 68632 listed at $249,900 pairs $1,423/mo rent with a $1,223/mo payment. Total monthly income runs $1,423/mo. Return on cash invested measures 16.08% in year one, and rental yield registers 6.83% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 83.06% and total cumulative return in cash totals $68,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,423/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68632, David City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,772 (100%) |
| Owner Occupied HU | 1,097 (61.9%) |
| Renter Occupied HU | 487 (27.5%) |
| Vacant Housing Units | 188 (10.6%) |
| Median Home Value | $206,466 |
| Average Home Value | $241,190 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,522
Multi-Family
78
Businesses
145
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Listed by: Jose Garcia • RE/MAX TOTAL REALTY
Mls Name: Columbus BOR NE
Mls ID: #20240556