918 E 3rd StOgallalaNE69153
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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 Ogallala at 918 E 3rd St, Ogallala, NE, 69153 uses $62,819 cash to close to unlock $5,098/yr annual cash flow and $425/mo monthly cash flow. Total monthly income runs $1,705/mo, and a $928/mo payment keeps the spread at $425/mo. Purchase price stands at $189,500, and rental yield measures 10.8% with $1,705/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 147.11% and total cumulative return in cash records $92,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,705/mo property income covering a $928/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69153, Ogallala, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 1,831 (56.5%) |
| Renter Occupied HU | 810 (25.0%) |
| Vacant Housing Units | 600 (18.5%) |
| Median Home Value | $174,053 |
| Average Home Value | $225,806 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,511
Multi-Family
108
Businesses
390
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