2003 Queen DrPapillionNE68046
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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 Papillion at 2003 Queen Dr, Papillion, NE, 68046 uses $98,456 cash to close to unlock $4,021/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $2,341/mo, and a $1,454/mo payment keeps the spread at $335/mo. Purchase price stands at $297,000, and rental yield measures 9.46% with $2,341/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 125.53% and total cumulative return in cash records $123,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,341/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,145 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68046, Papillion, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,819 (100%) |
| Owner Occupied HU | 9,600 (69.5%) |
| Renter Occupied HU | 3,757 (27.2%) |
| Vacant Housing Units | 462 ( 3.3%) |
| Median Home Value | $361,415 |
| Average Home Value | $380,980 |
Housing Distribution
Address Breakdown
Residential
13,810
Single Family
12,128
Multi-Family
1,682
Businesses
889
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