2316 S 60th StLincolnNE68506
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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 Lincoln at 2316 S 60th St, Lincoln, NE, 68506 listed at $210,000 pairs $1,620/mo rent with a $1,028/mo payment to leave $202/mo cash flow. Total monthly income runs $1,620/mo, and annual cash flow reaches $2,421/yr on $69,615 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 9.26% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 122.24% and total cumulative return in cash totals $85,096. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68506, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,201 (100%) |
| Owner Occupied HU | 8,029 (60.8%) |
| Renter Occupied HU | 4,663 (35.3%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $279,365 |
| Average Home Value | $316,415 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
10,525
Multi-Family
2,386
Businesses
1,004
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