23722 P StElkhornNE68022
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Elkhorn rentals match the income profile of 23722 P St, Elkhorn, NE, 68022. Listed at $124,900, gross rent is $3,370/mo and net cash flow is $2,472/mo, a 32.37% yield well above national averages. DSCR 6.00 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $34,508 by year five with $1,150/yr in annual principal reduction, projecting $206,986 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 32.4% | 6.2% |
| Monthly Cash Flow | $2,472 | $850 |
City averages based on Elkhorn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,370 |
| Total Monthly Debt Service | $848 |
| DSCR Ratio | 3.97x |
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.
Lot
Built in N/A
0.73 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68022, Elkhorn, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,077 (100%) |
| Owner Occupied HU | 10,356 (64.4%) |
| Renter Occupied HU | 4,280 (26.6%) |
| Vacant Housing Units | 1,441 ( 9.0%) |
| Median Home Value | $469,959 |
| Average Home Value | $514,501 |
Housing Distribution
Address Breakdown
Residential
15,026
Single Family
12,973
Multi-Family
2,053
Businesses
833
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
Lot
Built in N/A
0.73 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68022, Elkhorn, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,077 (100%) |
| Owner Occupied HU | 10,356 (64.4%) |
| Renter Occupied HU | 4,280 (26.6%) |
| Vacant Housing Units | 1,441 ( 9.0%) |
| Median Home Value | $469,959 |
| Average Home Value | $514,501 |
Housing Distribution
Address Breakdown
Residential
15,026
Single Family
12,973
Multi-Family
2,053
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices