12351 Elk Ridge CirPapillionNE68128
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Papillion rental at 12351 Elk Ridge Cir, Papillion, NE, 68128 sits in the solid-income band: 8.79% gross yield, $4,482/mo rent, $333/mo net after the $2,752/mo debt service, DSCR 1.63. Entry price of $611,920 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $169,062 and $5,636/yr in principal reduction bring total cumulative return to $255,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $333 | $420 |
City averages based on Papillion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,482 |
| Total Monthly Debt Service | $3,905 |
| DSCR Ratio | 1.15x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68128, La Vista, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 4,804 (57.7%) |
| Renter Occupied HU | 3,312 (39.8%) |
| Vacant Housing Units | 207 ( 2.5%) |
| Median Home Value | $310,504 |
| Average Home Value | $312,958 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
5,524
Multi-Family
2,879
Businesses
638
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
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68128, La Vista, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 4,804 (57.7%) |
| Renter Occupied HU | 3,312 (39.8%) |
| Vacant Housing Units | 207 ( 2.5%) |
| Median Home Value | $310,504 |
| Average Home Value | $312,958 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
5,524
Multi-Family
2,879
Businesses
638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices