Road 62HemingfordNE69348
Nearby investment properties with comparable rents
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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 Hemingford at Road 62, Hemingford, NE, 69348 priced at $740,000 converts $1,124/mo rent into after a $3,622/mo obligation. Total monthly income equals $1,124/mo. Return on cash invested prints 0.97% in year one, and rental yield reads 1.82% against a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation compiles into $204,448 by year five. Five-year ROI reaches 1.99% and total cumulative return in cash sums $4,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,124/mo property income covering a $3,622/mo payment, not borrower’s personal income.
Single Family
Built in N/A
168.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69348, Hemingford, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 443 (66.9%) |
| Renter Occupied HU | 117 (17.7%) |
| Vacant Housing Units | 102 (15.4%) |
| Median Home Value | $170,788 |
| Average Home Value | $223,380 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
51
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Nearby investment properties with comparable prices
Listed by: Daniel Hunning • Great Plains Land Company, LLC
Mls Name: My State MLS
Mls ID: #11616166