918 18th StGothenburgNE69138
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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 Gothenburg at 918 18th St, Gothenburg, NE, 69138 offers a 17.31% rental yield on a $119,000 purchase with $1,717/mo rent. Total monthly income registers $1,717/mo, and a $582/mo payment leaves $914/mo available for distribution. Annual cash flow reaches $10,966/yr on $39,449 to close, and return on cash invested stands at 47.71% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 252.65% and total cumulative return in cash at $99,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,717/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69138, Gothenburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,278 (63.9%) |
| Renter Occupied HU | 495 (24.7%) |
| Vacant Housing Units | 228 (11.4%) |
| Median Home Value | $225,862 |
| Average Home Value | $259,689 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,789
Multi-Family
132
Businesses
216
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Listed by: Carrie Rickertsen • Nebraska Realty Gothenburg
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250652