1724 S 8th StOmahaNE68108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1724 S 8th St, Omaha, NE, 68108 in Omaha worth modelling. At $140,000 with a 9.65% gross yield, the $1,126/mo rent leaves $181/mo after the $630/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.79 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $38,679 by year five; $1,289/yr in principal reduction adds further equity. Total projected return: $65,016.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $181 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,126 |
| Total Monthly Debt Service | $890 |
| DSCR Ratio | 1.27x |
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 1890
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68108, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,648 (100%) |
| Owner Occupied HU | 2,331 (35.1%) |
| Renter Occupied HU | 3,474 (52.3%) |
| Vacant Housing Units | 843 (12.7%) |
| Median Home Value | $169,971 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
4,986
Multi-Family
876
Businesses
537
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 1890
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68108, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,648 (100%) |
| Owner Occupied HU | 2,331 (35.1%) |
| Renter Occupied HU | 3,474 (52.3%) |
| Vacant Housing Units | 843 (12.7%) |
| Median Home Value | $169,971 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
4,986
Multi-Family
876
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices