1607 Evans StOmahaNE68110
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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 1607 Evans St, Omaha, NE, 68110 priced at $105,000 converts $809/mo rent into $56/mo cash flow after a $514/mo obligation. Total monthly income equals $809/mo, and annual cash flow totals $676/yr on $34,808 invested. Return on cash invested prints 21.85% in year one, and rental yield reads 9.25% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 114.64% and total cumulative return in cash sums $39,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $809/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1913
4,791 sqft 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: Tim Traudt • Evolve Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22506427
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