216 W Irving StLincolnNE68521
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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
Rental property for sale in Lincoln at 216 W Irving St, Lincoln, NE, 68521 generates $1,555/mo in rent and, after a $1,077/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,555/mo, and annual cash flow is $830/yr on $72,930 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 8.48% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 109.73% and total cumulative return in cash sums $80,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,555/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68521, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,510 (100%) |
| Owner Occupied HU | 8,552 (55.1%) |
| Renter Occupied HU | 6,142 (39.6%) |
| Vacant Housing Units | 816 ( 5.3%) |
| Median Home Value | $258,817 |
| Average Home Value | $291,616 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
12,204
Multi-Family
3,040
Businesses
662
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