16218 Redwood StOmahaNE68136
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 16218 Redwood St, Omaha, NE, 68136 in Omaha is the 1.50 coverage ratio: rent of $2,857/mo versus a $1,911/mo debt payment on a $425,000 property. Rental yield 8.07%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $117,420 by year five, with $3,914/yr in equity from paydown. Total projected cumulative return: $161,399.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(138) | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,857 |
| Total Monthly Debt Service | $2,701 |
| DSCR Ratio | 1.06x |
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 2004
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68136, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,480 (100%) |
| Owner Occupied HU | 7,035 (83.0%) |
| Renter Occupied HU | 1,126 (13.3%) |
| Vacant Housing Units | 319 ( 3.8%) |
| Median Home Value | $365,348 |
| Average Home Value | $393,046 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
8,331
Multi-Family
1
Businesses
198
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 2004
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68136, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,480 (100%) |
| Owner Occupied HU | 7,035 (83.0%) |
| Renter Occupied HU | 1,126 (13.3%) |
| Vacant Housing Units | 319 ( 3.8%) |
| Median Home Value | $365,348 |
| Average Home Value | $393,046 |
Housing Distribution
Address Breakdown
Residential
8,332
Single Family
8,331
Multi-Family
1
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices