1502 S 10th St APT 401OmahaNE68108
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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
Investment property for sale in Omaha at 1502 S 10th St APT 401, Omaha, NE, 68108 offers a 2.55% rental yield on a $1,349,999 purchase with $2,867/mo rent. 22% in year one. Equity gained on principal adds $8,711/yr while 5% annual appreciation supports $372,980 over five years. Portfolio math shows five-year ROI at 14.03% and total cumulative return in cash at $61,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,867/mo property income against a $6,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2013
24,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68108, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,648 (100%) |
| Owner Occupied HU | 2,331 (35.1%) |
| Renter Occupied HU | 3,474 (52.3%) |
| Vacant Housing Units | 843 (12.7%) |
| Median Home Value | $169,971 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
4,986
Multi-Family
876
Businesses
537
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