900 N Washington StLexingtonNE68850
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
Investment Highlights
Investment property for sale in Lexington at 900 N Washington St, Lexington, NE, 68850 with 5% annual appreciation on a $269,000 basis while $3,838/mo rent supports operations. Total monthly income totals $3,838/mo and a $1,317/mo payment preserves $2,021/mo for cash returns. Annual cash flow comes to $24,253/yr on $89,174 deployed, and return on cash invested reaches 47.11% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 17.12%. Five-year ROI measures 249.46% and total cumulative return in cash totals $222,455.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,838/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1904
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68850, Lexington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,598 (58.7%) |
| Renter Occupied HU | 1,535 (34.7%) |
| Vacant Housing Units | 294 ( 6.6%) |
| Median Home Value | $171,404 |
| Average Home Value | $226,489 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,013
Multi-Family
297
Businesses
430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Novoa • Go Home Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20240437
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.