11515 S 117th StPapillionNE68046
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 11515 S 117th St, Papillion, NE, 68046 in Papillion hard to pass up. The 10.15% gross yield on a $461,500 purchase results in $3,904/mo in rent and $770/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.78). Annual cash flow of $9,242, five-year appreciation of $127,504, and $3,869/yr in equity build-up combine for a projected total cumulative return of $218,138.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $770 | $420 |
City averages based on Papillion market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,904 |
| Total Monthly Debt Service | $3,045 |
| DSCR Ratio | 1.28x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.30 Acres 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
