2821 N 87th StLincolnNE68507
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 2821 N 87th St, Lincoln, NE, 68507 in Lincoln is listed at $269,000 and delivers $2,188/mo in rent and $246/mo in net monthly cash flow. The 9.76% yield and 1.81 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $74,320 over five years, and $2,478/yr in principal reduction supplements cash return. Total projected cumulative return: $126,601.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 5.2% |
| Monthly Cash Flow | $246 | $450 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,188 |
| Total Monthly Debt Service | $1,709 |
| DSCR Ratio | 1.28x |
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.
Townhouse
Built in 2021
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68507, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,634 (100%) |
| Owner Occupied HU | 4,495 (58.9%) |
| Renter Occupied HU | 2,792 (36.6%) |
| Vacant Housing Units | 347 ( 4.5%) |
| Median Home Value | $236,817 |
| Average Home Value | $248,601 |
Housing Distribution
Address Breakdown
Residential
7,237
Single Family
6,825
Multi-Family
412
Businesses
383
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
Townhouse
Built in 2021
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68507, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,634 (100%) |
| Owner Occupied HU | 4,495 (58.9%) |
| Renter Occupied HU | 2,792 (36.6%) |
| Vacant Housing Units | 347 ( 4.5%) |
| Median Home Value | $236,817 |
| Average Home Value | $248,601 |
Housing Distribution
Address Breakdown
Residential
7,237
Single Family
6,825
Multi-Family
412
Businesses
383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices