Del Mar Cir #2T103CGrand IslandNE68803
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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 Grand Island at Del Mar Cir #2T103C, Grand Island, NE, 68803 offers $2,903/mo rent that, after a $2,045/mo payment, leaves $82/mo cash flow. Total monthly income is $2,903/mo, and annual cash flow is $979/yr on $138,501 cash. Return on cash invested measures 20.62% in year one, and rental yield stands at 8.34% at a $417,800 entry. Equity gained on principal adds $2,696/yr while 5% annual appreciation compounds into $115,430 by year five. Five-year ROI records 107.38% and total cumulative return in cash reaches $148,728. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,903/mo property income versus a $2,045/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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Listed by: N/A • N/A
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Mls ID: #N/A