239 W Irving St, Lincoln, NE, 68521 | Equity Gain $12,260/yr

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lincoln at 239 W Irving St, Lincoln, NE, 68521 priced at $1,900,000 converts $1,776/mo rent into after a $9,300/mo obligation. Total monthly income equals $1,776/mo. Return on cash invested prints -1.18% in year one, and rental yield reads 1.12% against a $1,900,000 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation compiles into $524,935 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,776/mo property income covering a $9,300/mo payment, not borrower’s personal income.

Multi Family

Built in 1998

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 68521, Lincoln, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,510 (100%)
Owner Occupied HU	8,552 (55.1%)
Renter Occupied HU	6,142 (39.6%)
Vacant Housing Units	816 ( 5.3%)
Median Home Value	$258,817
Average Home Value	$291,616