16217 Parker StOmahaNE68118
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 16217 Parker St, Omaha, NE, 68118 in Omaha deserves attention. This $334,000 property earns $2,962/mo in rent, a 10.64% gross yield, and nets $678/mo after the $1,502/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $92,278 compounds alongside $3,076/yr in yearly equity build, for a total cumulative return of $171,225.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $678 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,962 |
| Total Monthly Debt Service | $2,151 |
| DSCR Ratio | 1.38x |
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 1989
9,214 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68118, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,972 (81.2%) |
| Renter Occupied HU | 596 (16.3%) |
| Vacant Housing Units | 92 ( 2.5%) |
| Median Home Value | $372,003 |
| Average Home Value | $422,129 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,307
Multi-Family
403
Businesses
337
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 1989
9,214 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68118, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,972 (81.2%) |
| Renter Occupied HU | 596 (16.3%) |
| Vacant Housing Units | 92 ( 2.5%) |
| Median Home Value | $372,003 |
| Average Home Value | $422,129 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,307
Multi-Family
403
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices