128 N 13th St APT 304LincolnNE68508
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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 Lincoln at 128 N 13th St APT 304, Lincoln, NE, 68508 generates $2,484/mo in rent, after a $2,692/mo payment. Total monthly income is $2,484/mo. Return on cash invested sits at 11.9% in year one, and rental yield is 5.42% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 60.61% and total cumulative return in cash sums $109,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,484/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68508, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,915 (100%) |
| Owner Occupied HU | 681 ( 9.8%) |
| Renter Occupied HU | 5,207 (75.3%) |
| Vacant Housing Units | 1,027 (14.9%) |
| Median Home Value | $202,273 |
| Average Home Value | $274,482 |
Housing Distribution
Address Breakdown
Residential
5,254
Single Family
3,112
Multi-Family
2,142
Businesses
1,046
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