1120 N 51st StLincolnNE68504
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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
Investment property for sale in Lincoln at 1120 N 51st St, Lincoln, NE, 68504 offers a 8.94% rental yield on a $225,000 purchase with $1,676/mo rent. Total monthly income registers $1,676/mo, and a $1,101/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,883/yr on $74,588 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 117.1% and total cumulative return in cash at $87,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,676/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68504, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,613 (100%) |
| Owner Occupied HU | 2,660 (30.9%) |
| Renter Occupied HU | 5,328 (61.9%) |
| Vacant Housing Units | 625 ( 7.3%) |
| Median Home Value | $196,270 |
| Average Home Value | $223,734 |
Housing Distribution
Address Breakdown
Residential
8,315
Single Family
6,210
Multi-Family
2,105
Businesses
767
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