2840 Starr StLincolnNE68503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2840 Starr St, Lincoln, NE, 68503 in Lincoln speaks for itself: 11.99% gross on a $199,900 price, generating $1,997/mo in rent and $647/mo in net income after the $899/mo debt service. DSCR 2.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,763 stacks alongside $55,229 in projected five-year appreciation and $1,841/yr in principal reduction. Projected total cumulative return: $117,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 5.2% |
| Monthly Cash Flow | $647 | $450 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,997 |
| Total Monthly Debt Service | $1,270 |
| DSCR Ratio | 1.57x |
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.
Multi Family
Built in 1926
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68503, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,865 (100%) |
| Owner Occupied HU | 1,884 (27.4%) |
| Renter Occupied HU | 4,366 (63.6%) |
| Vacant Housing Units | 615 ( 9.0%) |
| Median Home Value | $169,679 |
| Average Home Value | $212,272 |
Housing Distribution
Address Breakdown
Residential
6,349
Single Family
5,582
Multi-Family
767
Businesses
318
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
Multi Family
Built in 1926
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68503, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,865 (100%) |
| Owner Occupied HU | 1,884 (27.4%) |
| Renter Occupied HU | 4,366 (63.6%) |
| Vacant Housing Units | 615 ( 9.0%) |
| Median Home Value | $169,679 |
| Average Home Value | $212,272 |
Housing Distribution
Address Breakdown
Residential
6,349
Single Family
5,582
Multi-Family
767
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices