16238 California St, Omaha, NE, 68118 | 4.16% 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 16238 California St, Omaha, NE, 68118 offers a 4.16% rental yield on a $1,300,000 purchase with $4,507/mo rent. 2% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 40.72% and total cumulative return in cash at $171,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,507/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1994

0.43 Acres 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