16016 Ruggles StOmahaNE68116
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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 16016 Ruggles St, Omaha, NE, 68116 generates $3,196/mo in rent and, after a $2,247/mo payment, leaves $96/mo in cash flow. Total monthly income is $3,196/mo, and annual cash flow is $1,152/yr on $152,159 invested. Return on cash invested sits at 20.67% in year one, and rental yield is 8.36% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 107.67% and total cumulative return in cash sums $163,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,196/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.25 Acres 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
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