Tommy Wiles
Agent
Looking for a rental property that's already earning from day one? 1104 Hospital Drive is a well-kept 2-bedroom, 1-bathroom home on a corner lot in Crawford, Nebraska, currently occupied by a paying tenant at $900 a month, with a longterm tenant responsible for all utilities. For an investor who wants income without the startup lag of finding a renter, this one is ready to go.
Built in 1900 and finished with roughly 1,200 square feet of living space, the home offers a comfortable one-story layout, an enclosed entry porch, and efficient electric heat that keeps ownership simple for an off-site landlord. Outside, the fenced backyard, mature shade trees, and detached two-car garage add everyday livability that helps attract and retain good tenants, while the corner-lot position gives the property extra visibility and curb presence in the neighborhood.
At $89,900, with current rent of $900 per month and the tenant covering utilities, this property offers a gross rental yield of roughly 12% - a strong starting point for cash flow before factoring in any further upside on rent. Whether you're adding to an existing rental portfolio or picking up your first income property, 1104 Hospital Drive combines an established tenant, low-maintenance systems, and an attractive price point into one straightforward investment.
Showings are available with advance notice out of respect for the current tenant.
Investment Highlights
Tenant already in place - no vacancy period, no marketing costs, income starts at closing
Tenant pays all utilities, keeping the landlord's carrying costs low and predictable
Approximate 12% gross rental yield at the current $900/month rent and $89,900 list price
Electric heat and a simple one-story layout mean low-maintenance, low-hassle ownership
Corner lot adds visibility, curb appeal, and long-term resale flexibility
Detached two-car garage is a rare and desirable amenity for tenants in this rental market
Showing Instructions:
Current tenant in place. 24-hour notice minimum.
#1 Properties Ranch & Recreation LLC uses reasonable efforts in collecting and preparing materials and information regarding properties. While the information is believed to be reliable, due to the rapidly changing nature of the real estate market and our reliance on information provided by outside resources, the information is not guaranteed. Information is also subject to change, withdrawal, or correction.
Potential purchasers should independently verify any information and conduct their own due diligence. #1 Properties Ranch & Recreation LLC makes no representations or warranties about the property or the accuracy or completeness of the information concerning the property, including, but not limited to, each of the following: (a) acreage counts and legal descriptions, (b) distances, sizes, square footage, and other measurements, (c) water and mineral rights information, and (d) soil types, production, carrying capacity, or income potential.
Information is only provided for the purpose of assisting potential purchasers in identifying prospective properties they may be interested in purchasing. #1 Properties Ranch & Recreation LLC is not liable for any inaccuracies, errors, or omissions regarding information about the property or losses that result from the use of this information. Potential purchasers should conduct their own due diligence including, but not limited to, a legal and financial review before purchasing.
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