2409 S 97th AveOmahaNE68124
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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
Rental property for sale in Omaha at 2409 S 97th Ave, Omaha, NE, 68124 generates $2,086/mo in rent, after a $7,831/mo payment. Total monthly income is $2,086/mo. Return on cash invested sits at 0.19% in year one, and rental yield is 1.56% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,086/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68124, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,086 (100%) |
| Owner Occupied HU | 4,260 (60.1%) |
| Renter Occupied HU | 2,386 (33.7%) |
| Vacant Housing Units | 440 ( 6.2%) |
| Median Home Value | $358,240 |
| Average Home Value | $408,873 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
5,112
Multi-Family
1,658
Businesses
768
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Listed by: Jessica Linden • Better Homes and Gardens R.E.
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22418459
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.