15124 Fowler AveOmahaNE68116
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 15124 Fowler Ave, Omaha, NE, 68116 in Omaha hard to pass up. The 10.94% gross yield on a $320,000 purchase results in $2,916/mo in rent and $755/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.03). Annual cash flow of $9,061, five-year appreciation of $88,410, and $2,947/yr in equity build-up combine for a projected total cumulative return of $170,744.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $755 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,916 |
| Total Monthly Debt Service | $2,034 |
| DSCR Ratio | 1.43x |
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 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68116, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,323 (100%) |
| Owner Occupied HU | 10,272 (71.7%) |
| Renter Occupied HU | 3,572 (24.9%) |
| Vacant Housing Units | 479 ( 3.3%) |
| Median Home Value | $348,887 |
| Average Home Value | $365,050 |
Housing Distribution
Address Breakdown
Residential
14,054
Single Family
12,270
Multi-Family
1,784
Businesses
361
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 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68116, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,323 (100%) |
| Owner Occupied HU | 10,272 (71.7%) |
| Renter Occupied HU | 3,572 (24.9%) |
| Vacant Housing Units | 479 ( 3.3%) |
| Median Home Value | $348,887 |
| Average Home Value | $365,050 |
Housing Distribution
Address Breakdown
Residential
14,054
Single Family
12,270
Multi-Family
1,784
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices