1623 Willis Ave, Omaha, NE, 68110 | 5.94% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Omaha at 1623 Willis Ave, Omaha, NE, 68110 offers a 5.94% rental yield on a $240,000 purchase with $1,188/mo rent. 38% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 68.55% and total cumulative return in cash at $54,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

3,920 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