1502 Florence BlvdOmahaNE68110
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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 1502 Florence Blvd, Omaha, NE, 68110 generates $2,051/mo in rent and, after a $1,043/mo payment, leaves $612/mo in cash flow. Total monthly income is $2,051/mo, and annual cash flow is $7,346/yr on $70,610 invested. Return on cash invested sits at 30.31% in year one, and rental yield is 11.55% on a $213,000 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 159.44% and total cumulative return in cash sums $112,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,051/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68110, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,307 (100%) |
| Owner Occupied HU | 1,305 (39.5%) |
| Renter Occupied HU | 1,645 (49.7%) |
| Vacant Housing Units | 357 (10.8%) |
| Median Home Value | $128,872 |
| Average Home Value | $180,489 |
Housing Distribution
Address Breakdown
Residential
3,212
Single Family
2,868
Multi-Family
344
Businesses
336
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Listed by: May Yap • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22514095
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