2224 Spencer StOmahaNE68110
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 2224 Spencer St, Omaha, NE, 68110 listed at $165,000 pairs $1,309/mo rent with a $808/mo payment to leave $194/mo cash flow. Total monthly income runs $1,309/mo, and annual cash flow reaches $2,333/yr on $54,698 cash to close. Return on cash invested measures 24.17% in year one, and rental yield registers 9.52% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 126.5% and total cumulative return in cash totals $69,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,309/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68110, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,307 (100%) |
| Owner Occupied HU | 1,305 (39.5%) |
| Renter Occupied HU | 1,645 (49.7%) |
| Vacant Housing Units | 357 (10.8%) |
| Median Home Value | $128,872 |
| Average Home Value | $180,489 |
Housing Distribution
Address Breakdown
Residential
3,212
Single Family
2,868
Multi-Family
344
Businesses
336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices