1107 Creighton RdPapillionNE68046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Papillion at 1107 Creighton Rd, Papillion, NE, 68046 priced at $429,900 converts $3,470/mo rent into $567/mo cash flow after a $2,104/mo obligation. Total monthly income equals $3,470/mo, and annual cash flow totals $6,805/yr on $142,512 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.69% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 129.21% and total cumulative return in cash sums $184,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,470/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1990
8,937 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68046, Papillion, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,819 (100%) |
| Owner Occupied HU | 9,600 (69.5%) |
| Renter Occupied HU | 3,757 (27.2%) |
| Vacant Housing Units | 462 ( 3.3%) |
| Median Home Value | $361,415 |
| Average Home Value | $380,980 |
Housing Distribution
Address Breakdown
Residential
13,810
Single Family
12,128
Multi-Family
1,682
Businesses
889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Hoffart • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22425947
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.