3001 S 51st Street Ct #537LincolnNE68506
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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
Total monthly income runs $885/mo, and a $546/mo payment. Purchase price stands at $111,500, and rental yield measures 9.52% with $885/mo rent. Return on cash invested shows 9.9% in year one, and 5% annual appreciation builds toward $30,805 over five years. Five-year ROI reaches 55.13% and total cumulative return in cash records $20,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $885/mo property income covering a $546/mo payment rather than investor’s personal income.
Condo
Built in 1986
6.50 Acres lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68506, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,201 (100%) |
| Owner Occupied HU | 8,029 (60.8%) |
| Renter Occupied HU | 4,663 (35.3%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $279,365 |
| Average Home Value | $316,415 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
10,525
Multi-Family
2,386
Businesses
1,004
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Listed by: Josh Bulow • HOME Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22525781
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