2947 N 55th StOmahaNE68104
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
Investment Highlights
Investment property for sale in Omaha at 2947 N 55th St, Omaha, NE, 68104 uses $56,322 cash to close to unlock $1,755/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,294/mo, and a $832/mo payment keeps the spread at $146/mo. Purchase price stands at $169,900, and rental yield measures 9.14% with $1,294/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash records $67,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,294/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1913
6,534 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