2221 S 51st St #10OmahaNE68106
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
Investment Highlights
Investment property for sale in Omaha at 2221 S 51st St #10, Omaha, NE, 68106 uses $58,013 cash to close to unlock $2,661/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,404/mo, and a $857/mo payment keeps the spread at $222/mo. Purchase price stands at $175,000, and rental yield measures 9.63% with $1,404/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 128.2% and total cumulative return in cash records $74,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,404/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68106, Omaha, NE area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,814
Single Family
7,412
Multi-Family
3,402
Businesses
638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices