2808 N 68th StOmahaNE68104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Omaha rental at 2808 N 68th St, Omaha, NE, 68104 sits in the solid-income band: 11.71% gross yield, $1,513/mo rent, $454/mo net after the $641/mo debt service, DSCR 2.36. Entry price of $142,496 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $39,369 and $1,312/yr in principal reduction bring total cumulative return to $87,268.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $454 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,513 |
| Total Monthly Debt Service | $948 |
| DSCR Ratio | 1.60x |
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.
Single Family
Built in 1916
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68104, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,078 (100%) |
| Owner Occupied HU | 8,016 (53.2%) |
| Renter Occupied HU | 6,094 (40.4%) |
| Vacant Housing Units | 968 ( 6.4%) |
| Median Home Value | $208,494 |
| Average Home Value | $276,979 |
Housing Distribution
Address Breakdown
Residential
14,620
Single Family
12,834
Multi-Family
1,786
Businesses
617
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
Single Family
Built in 1916
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68104, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,078 (100%) |
| Owner Occupied HU | 8,016 (53.2%) |
| Renter Occupied HU | 6,094 (40.4%) |
| Vacant Housing Units | 968 ( 6.4%) |
| Median Home Value | $208,494 |
| Average Home Value | $276,979 |
Housing Distribution
Address Breakdown
Residential
14,620
Single Family
12,834
Multi-Family
1,786
Businesses
617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryann Kluthe • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22520993
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 2025, Great Plains Regional Multiple Listing Service, Inc.