2921 S 122nd StOmahaNE68144
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 2921 S 122nd St, Omaha, NE, 68144 in Omaha at $179,000 earns $1,573/mo in rent and nets $117/mo after the $805/mo payment, a 10.55% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,454 over five years. Ziffy Mortgage underwrites this on a 1.95 DSCR without U.S. credit history. With $1,649/yr in principal paydown, total projected return reaches $91,779.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $117 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,573 |
| Total Monthly Debt Service | $1,138 |
| DSCR Ratio | 1.38x |
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.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68144, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 7,005 (64.0%) |
| Renter Occupied HU | 3,521 (32.2%) |
| Vacant Housing Units | 420 ( 3.8%) |
| Median Home Value | $268,956 |
| Average Home Value | $298,102 |
Housing Distribution
Address Breakdown
Residential
10,763
Single Family
9,035
Multi-Family
1,728
Businesses
1,483
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
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68144, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 7,005 (64.0%) |
| Renter Occupied HU | 3,521 (32.2%) |
| Vacant Housing Units | 420 ( 3.8%) |
| Median Home Value | $268,956 |
| Average Home Value | $298,102 |
Housing Distribution
Address Breakdown
Residential
10,763
Single Family
9,035
Multi-Family
1,728
Businesses
1,483
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices