2624 Bishop Rd #6LincolnNE68502
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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 2624 Bishop Rd #6, Lincoln, NE, 68502 earns from $1,014/mo rent with a $2,031/mo payment. Total monthly income totals $1,014/mo. ROI tracks 4.31% on current figures, and rental yield reads 2.93% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 19.93% and total cumulative return in cash sums $27,417. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,014/mo property income instead of your personal income.
Townhouse
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68502, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,673 (100%) |
| Owner Occupied HU | 5,412 (46.4%) |
| Renter Occupied HU | 5,498 (47.1%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $288,522 |
| Average Home Value | $340,541 |
Housing Distribution
Address Breakdown
Residential
11,125
Single Family
10,016
Multi-Family
1,109
Businesses
621
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