Investing in Seward County
Seward County covers 2 rental markets we actively finance in Nebraska — Milford, Seward. Across those markets the median investment basis averages $232,500, a long-term lease averages $1,775/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,717. That produces a county-wide average DSCR ratio near 1.04x.
Basis varies more inside Seward County than the average suggests. Milford is the lowest entry point at roughly $215,000, while Milford currently models the strongest coverage ratio in the county at 1.09x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.