H 1108th AveGothenburgNE69138
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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 Gothenburg at H 1108th Ave, Gothenburg, NE, 69138 priced at $160,000 converts $1,267/mo rent into $187/mo cash flow after a $783/mo obligation. Total monthly income equals $1,267/mo, and annual cash flow totals $2,240/yr on $53,040 invested. Return on cash invested prints 24.13% in year one, and rental yield reads 9.5% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 126.25% and total cumulative return in cash sums $66,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,267/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1972
7,000 sqft 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: Charolett Janssen • Mid-Nebraska Realty, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250206
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.