904 6th StArapahoeNE68922
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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 Arapahoe at 904 6th St, Arapahoe, NE, 68922 generates $1,600/mo in rent and, after a $1,077/mo payment, leaves $114/mo in cash flow. Total monthly income is $1,600/mo, and annual cash flow is $1,370/yr on $72,930 invested. Return on cash invested sits at 21.79% in year one, and rental yield is 8.73% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 113.71% and total cumulative return in cash sums $82,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68922, Arapahoe, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 353 (56.7%) |
| Renter Occupied HU | 151 (24.2%) |
| Vacant Housing Units | 119 (19.1%) |
| Median Home Value | $109,631 |
| Average Home Value | $152,960 |
Housing Distribution
Address Breakdown
Residential
437
Single Family
388
Multi-Family
49
Businesses
83
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