3000 Farnam St APT 2QOmahaNE68131
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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 3000 Farnam St APT 2Q, Omaha, NE, 68131 offers a 11.86% rental yield on a $129,500 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $634/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,864/yr on $42,929 to close, and return on cash invested stands at 31.24% in year one. Equity gained on principal adds $836/yr while 5% annual appreciation supports $35,778 over five years. Portfolio math shows five-year ROI at 164.42% and total cumulative return in cash at $70,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1919
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68131, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,991 (100%) |
| Owner Occupied HU | 1,552 (19.4%) |
| Renter Occupied HU | 5,369 (67.2%) |
| Vacant Housing Units | 1,070 (13.4%) |
| Median Home Value | $266,423 |
| Average Home Value | $329,447 |
Housing Distribution
Address Breakdown
Residential
7,068
Single Family
3,351
Multi-Family
3,717
Businesses
639
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