1020 N 7th StLincolnNE68508
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1020 N 7th St, Lincoln, NE, 68508 in Lincoln deserves attention. This $143,900 property earns $1,696/mo in rent, a 14.14% gross yield, and nets $724/mo after the $647/mo payment. DSCR 2.62 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $39,757 compounds alongside $1,325/yr in yearly equity build, for a total cumulative return of $101,541.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 5.2% |
| Monthly Cash Flow | $724 | $450 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,696 |
| Total Monthly Debt Service | $914 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68508, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,915 (100%) |
| Owner Occupied HU | 681 ( 9.8%) |
| Renter Occupied HU | 5,207 (75.3%) |
| Vacant Housing Units | 1,027 (14.9%) |
| Median Home Value | $202,273 |
| Average Home Value | $274,482 |
Housing Distribution
Address Breakdown
Residential
5,254
Single Family
3,112
Multi-Family
2,142
Businesses
1,046
Nearby investment properties with comparable rents
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
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68508, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,915 (100%) |
| Owner Occupied HU | 681 ( 9.8%) |
| Renter Occupied HU | 5,207 (75.3%) |
| Vacant Housing Units | 1,027 (14.9%) |
| Median Home Value | $202,273 |
| Average Home Value | $274,482 |
Housing Distribution
Address Breakdown
Residential
5,254
Single Family
3,112
Multi-Family
2,142
Businesses
1,046
Nearby investment properties with comparable rents