3011 Ridgegate DrLincolnNE68516
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 Lincoln at 3011 Ridgegate Dr, Lincoln, NE, 68516 earns $987/mo cash flow from $4,517/mo rent with a $2,553/mo payment. Total monthly income totals $4,517/mo, and annual cash flow totals $11,838/yr on $171,639 capital. ROI tracks 26.96% on current figures, and rental yield reads 10.39% at a $521,700 purchase. Equity gained on principal adds $3,366/yr, and 5% annual appreciation supports $144,136 over five years. Five-year ROI reaches 141.38% and total cumulative return in cash sums $242,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,517/mo property income instead of your personal income.
Single Family
Built in 2012
10,019 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68516, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,524 (100%) |
| Owner Occupied HU | 14,168 (65.8%) |
| Renter Occupied HU | 6,319 (29.4%) |
| Vacant Housing Units | 1,037 ( 4.8%) |
| Median Home Value | $339,902 |
| Average Home Value | $373,084 |
Housing Distribution
Address Breakdown
Residential
20,599
Single Family
19,076
Multi-Family
1,523
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices