843 Highland DrHastingsNE68901
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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 Hastings at 843 Highland Dr, Hastings, NE, 68901 offers $1,993/mo rent that, after a $1,762/mo payment. Total monthly income is $1,993/mo. Return on cash invested measures 15.5% in year one, and rental yield stands at 6.64% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 79.96% and total cumulative return in cash reaches $95,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,993/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.61 Acres 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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