850 N Burlington 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 850 N Burlington Ave, Hastings, NE, 68901 listed at $479,000 pairs $2,756/mo rent with a $2,344/mo payment. Total monthly income runs $2,756/mo. Return on cash invested measures 16.3% in year one, and rental yield registers 6.9% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 84.2% and total cumulative return in cash totals $133,695. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,756/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
N/A 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: Ron Skrdla • Rhynalds Auction & Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250724
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