16607 Drexel StOmahaNE68135
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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 Omaha at 16607 Drexel St, Omaha, NE, 68135 uses $97,793 cash to close to unlock $981/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $2,074/mo, and a $1,444/mo payment keeps the spread at $82/mo. Purchase price stands at $295,000, and rental yield measures 8.44% with $2,074/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash records $106,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,074/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 2002
4,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68135, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,786 (100%) |
| Owner Occupied HU | 9,100 (84.4%) |
| Renter Occupied HU | 1,332 (12.3%) |
| Vacant Housing Units | 354 ( 3.3%) |
| Median Home Value | $342,997 |
| Average Home Value | $379,988 |
Housing Distribution
Address Breakdown
Residential
10,514
Single Family
10,086
Multi-Family
428
Businesses
163
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