1150 Lake 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 1150 Lake St, Lincoln, NE, 68502 offers a 11.46% rental yield on a $149,900 purchase with $1,432/mo rent. Total monthly income registers $1,432/mo, and a $734/mo payment leaves $419/mo available for distribution. Annual cash flow reaches $5,033/yr on $49,692 to close, and return on cash invested stands at 30.04% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 157.95% and total cumulative return in cash at $78,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,432/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
5,227 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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