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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Omaha at 1908 S 62nd St, Omaha, NE, 68106 listed at $259,000 pairs $1,956/mo rent with a $1,268/mo payment to leave $207/mo cash flow. Total monthly income runs $1,956/mo, and annual cash flow reaches $2,480/yr on $85,859 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 9.06% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 119.08% and total cumulative return in cash totals $102,244. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,956/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 68106, Omaha, NE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,257 (100%) |
| Owner Occupied HU | 5,394 (47.9%) |
| Renter Occupied HU | 5,248 (46.6%) |
| Vacant Housing Units | 615 ( 5.5%) |
| Median Home Value | $249,047 |
| Average Home Value | $313,720 |
Residential
10,814
Single Family
7,412
Multi-Family
3,402
Businesses
638
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $259,000 |
| 2019-06-19 | Sold | $171,000 |
| 2000-11-13 | Sold | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $190,000 | N/A |
| 2023-07-01 | $4008.62 | 9.56% | $190,000 | 10.85% |
| 2022-07-01 | $3658.74 | 0.85% | $171,400 | N/A |
Listed by: Duane Safarik • NP Dodge RE Sales Inc Sarpy
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22517738
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.
