1218 Patricia DrPapillionNE68046
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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 Papillion at 1218 Patricia Dr, Papillion, NE, 68046 generates $2,791/mo in rent and, after a $1,542/mo payment, leaves $664/mo in cash flow. Total monthly income is $2,791/mo, and annual cash flow is $7,964/yr on $104,423 invested. Return on cash invested sits at 27.54% in year one, and rental yield is 10.63% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 144.49% and total cumulative return in cash sums $150,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,791/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
7,405 sqft 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
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