1515 S 15th StLincolnNE68502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1515 S 15th St, Lincoln, NE, 68502 in Lincoln hard to pass up. The 12.16% gross yield on a $170,000 purchase results in $1,723/mo in rent and $575/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.26). Annual cash flow of $6,900, five-year appreciation of $46,968, and $1,566/yr in equity build-up combine for a projected total cumulative return of $101,952.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 5.2% |
| Monthly Cash Flow | $575 | $450 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,723 |
| Total Monthly Debt Service | $1,080 |
| DSCR Ratio | 1.59x |
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.
Multi Family
Built in 1927
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68502, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,673 (100%) |
| Owner Occupied HU | 5,412 (46.4%) |
| Renter Occupied HU | 5,498 (47.1%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $288,522 |
| Average Home Value | $340,541 |
Housing Distribution
Address Breakdown
Residential
11,125
Single Family
10,016
Multi-Family
1,109
Businesses
621
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
Multi Family
Built in 1927
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68502, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,673 (100%) |
| Owner Occupied HU | 5,412 (46.4%) |
| Renter Occupied HU | 5,498 (47.1%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $288,522 |
| Average Home Value | $340,541 |
Housing Distribution
Address Breakdown
Residential
11,125
Single Family
10,016
Multi-Family
1,109
Businesses
621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices