987 River RdRed CloudNE68970
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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 Red Cloud at 987 River Rd, Red Cloud, NE, 68970 priced at $1,410,000 pairs $1,666/mo rent with after a $6,901/mo payment. Total monthly income equals $1,666/mo. Return on cash invested is -0.26% in year one, and rental yield stands at 1.42% on a $1,410,000 basis. Equity gained on principal adds $9,099/yr, and 5% annual appreciation accumulates to $389,557 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,666/mo property income against a $6,901/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
113.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68970, Red Cloud, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 458 (60.3%) |
| Renter Occupied HU | 112 (14.8%) |
| Vacant Housing Units | 189 (24.9%) |
| Median Home Value | $79,057 |
| Average Home Value | $123,559 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
612
Multi-Family
9
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.