1124 S 7th StLincolnNE68502
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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 1124 S 7th St, Lincoln, NE, 68502 uses $54,664 cash to close to unlock $5,047/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $1,534/mo, and a $807/mo payment keeps the spread at $421/mo. Purchase price stands at $164,900, and rental yield measures 11.16% with $1,534/mo rent. Return on cash invested shows 29.14% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 153.12% and total cumulative return in cash records $83,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,534/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1915
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68502, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,673 (100%) |
| Owner Occupied HU | 5,412 (46.4%) |
| Renter Occupied HU | 5,498 (47.1%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $288,522 |
| Average Home Value | $340,541 |
Housing Distribution
Address Breakdown
Residential
11,125
Single Family
10,016
Multi-Family
1,109
Businesses
621
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