1214 S 118th StOmahaNE68144
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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
Total monthly income runs $1,591/mo, and a $4,748/mo payment. Purchase price stands at $970,000, and rental yield measures 1.97% with $1,591/mo rent. Return on cash invested shows 1.41% in year one, and 5% annual appreciation builds toward $267,993 over five years. Five-year ROI reaches 4.36% and total cumulative return in cash records $13,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $4,748/mo payment rather than investor’s personal income.
Multi Family
Built in 1974
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68144, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 7,005 (64.0%) |
| Renter Occupied HU | 3,521 (32.2%) |
| Vacant Housing Units | 420 ( 3.8%) |
| Median Home Value | $268,956 |
| Average Home Value | $298,102 |
Housing Distribution
Address Breakdown
Residential
10,763
Single Family
9,035
Multi-Family
1,728
Businesses
1,483
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Listed by: Kelly Buscher • NP Dodge RE Sales Inc 86Dodge
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22424669
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.