88448 583rd AveNewcastleNE68757
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 88448 583rd Ave, Newcastle, NE, 68757 in Newcastle at $375,000, 5.24% gross yield, is a market-growth asset. Rental yield 5.24%. The $1,494/mo rent partially funds the $1,686/mo debt service; the core return is the 5%/yr price growth projected to add $103,606 over five years. Ziffy Mortgage's DSCR mortgage (0.89) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $76,340.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.2% |
| Monthly Cash Flow | $(894) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,494 |
| Total Monthly Debt Service | $2,383 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68757, Newcastle, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 248 (73.6%) |
| Renter Occupied HU | 38 (11.3%) |
| Vacant Housing Units | 51 (15.1%) |
| Median Home Value | $184,868 |
| Average Home Value | $211,038 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68757, Newcastle, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 248 (73.6%) |
| Renter Occupied HU | 38 (11.3%) |
| Vacant Housing Units | 51 (15.1%) |
| Median Home Value | $184,868 |
| Average Home Value | $211,038 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Tramp • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828469
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.