16356 Burt StOmahaNE68118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.48% yield at 16356 Burt St, Omaha, NE, 68118 in Omaha is solid, but the $3,570/mo payment compresses net cash flow to $86/mo at $794,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $219,368 by year five, and $7,313/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.57) without U.S. income documentation. Total projected return: $309,317.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $86 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,612 |
| Total Monthly Debt Service | $5,210 |
| DSCR Ratio | 1.08x |
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 1998
0.42 Acres lot
$N/A/sqft
$750 annually 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 1998
0.42 Acres lot
$N/A/sqft
$750 annually 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