241 NW 15th StLincolnNE68528
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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 241 NW 15th St, Lincoln, NE, 68528 offers a 9.43% rental yield on a $244,900 purchase with $1,924/mo rent. Total monthly income registers $1,924/mo, and a $1,199/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,239/yr on $81,184 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 124.97% and total cumulative return in cash at $101,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,924/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68528, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,238 (100%) |
| Owner Occupied HU | 1,945 (60.1%) |
| Renter Occupied HU | 1,134 (35.0%) |
| Vacant Housing Units | 159 ( 4.9%) |
| Median Home Value | $280,383 |
| Average Home Value | $341,558 |
Housing Distribution
Address Breakdown
Residential
3,269
Single Family
2,907
Multi-Family
362
Businesses
193
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