1608 Walnut Creek DrPapillionNE68046
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
Investment Highlights
Investment property for sale in Papillion at 1608 Walnut Creek Dr, Papillion, NE, 68046 offers a 11.5% rental yield on a $395,000 purchase with $3,785/mo rent. Total monthly income registers $3,785/mo, and a $1,933/mo payment leaves $1,118/mo available for distribution. Annual cash flow reaches $13,416/yr on $130,943 to close, and return on cash invested stands at 30.15% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 158.5% and total cumulative return in cash at $207,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,785/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68046, Papillion, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,819 (100%) |
| Owner Occupied HU | 9,600 (69.5%) |
| Renter Occupied HU | 3,757 (27.2%) |
| Vacant Housing Units | 462 ( 3.3%) |
| Median Home Value | $361,415 |
| Average Home Value | $380,980 |
Housing Distribution
Address Breakdown
Residential
13,810
Single Family
12,128
Multi-Family
1,682
Businesses
889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices