2306 S 48th StOmahaNE68106
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2306 S 48th St, Omaha, NE, 68106 in Omaha earns a respectable 8.87% gross yield at $225,000, but after the $1,012/mo mortgage the net cash flow is $144/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.64) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $62,163 over five years, making equity the dominant return driver. Total projected return: $95,088.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $144 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,663 |
| Total Monthly Debt Service | $1,430 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1944
6,534 sqft 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
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
Single Family
Built in 1944
6,534 sqft 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