1216 S 108th 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
Rental property for sale in Omaha at 1216 S 108th St, Omaha, NE, 68144 generates $2,920/mo in rent, after a $2,251/mo payment. Total monthly income is $2,920/mo. Return on cash invested sits at 18.45% in year one, and rental yield is 7.62% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 95.76% and total cumulative return in cash sums $146,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.31 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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