3001 S 51st Street Ct UNIT 313LincolnNE68506
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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 Lincoln at 3001 S 51st Street Ct UNIT 313, Lincoln, NE, 68506 uses $47,405 cash to close to unlock $5,415/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $1,417/mo, and a $700/mo payment keeps the spread at $451/mo. Purchase price stands at $143,000, and rental yield measures 11.89% with $1,417/mo rent. Return on cash invested shows 31.33% in year one, and 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 164.93% and total cumulative return in cash records $78,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,417/mo property income covering a $700/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No 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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