1645 W Garfield StLincolnNE68522
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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
Investment Highlights
Investment property for sale in Lincoln at 1645 W Garfield St, Lincoln, NE, 68522 uses $85,693 cash to close to unlock $2,935/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,990/mo, and a $1,265/mo payment keeps the spread at $245/mo. Purchase price stands at $258,500, and rental yield measures 9.24% with $1,990/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $71,419 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash records $104,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,990/mo property income covering a $1,265/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68522, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 3,399 (69.1%) |
| Renter Occupied HU | 1,370 (27.9%) |
| Vacant Housing Units | 148 ( 3.0%) |
| Median Home Value | $260,440 |
| Average Home Value | $301,205 |
Housing Distribution
Address Breakdown
Residential
4,879
Single Family
4,879
Multi-Family
0
Businesses
239
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