11945 Miracle Hills Dr APT 20OmahaNE68154
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow11945 Miracle Hills Dr APT 20, Omaha, NE, 68154 in Omaha carries a 1.85 coverage ratio, rent of $1,751/mo is 1.85 times the $948/mo payment. Rental yield 10.5%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $200,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $55,256; total projected cumulative return: $68,368.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $(100) | $450 |
City averages based on Omaha 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 | $1,751 |
| Total Monthly Debt Service | $1,820 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68154, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,130 (100%) |
| Owner Occupied HU | 5,963 (53.6%) |
| Renter Occupied HU | 4,632 (41.6%) |
| Vacant Housing Units | 535 ( 4.8%) |
| Median Home Value | $331,987 |
| Average Home Value | $389,285 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
6,697
Multi-Family
4,074
Businesses
1,278
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
