3028 Starr StLincolnNE68503
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
Rental property for sale in Lincoln at 3028 Starr St, Lincoln, NE, 68503 priced at $215,000 converts $1,998/mo rent into $546/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,998/mo, and annual cash flow totals $6,558/yr on $71,273 invested. Return on cash invested prints 29.11% in year one, and rental yield reads 11.15% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 152.95% and total cumulative return in cash sums $109,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,998/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68503, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,865 (100%) |
| Owner Occupied HU | 1,884 (27.4%) |
| Renter Occupied HU | 4,366 (63.6%) |
| Vacant Housing Units | 615 ( 9.0%) |
| Median Home Value | $169,679 |
| Average Home Value | $212,272 |
Housing Distribution
Address Breakdown
Residential
6,349
Single Family
5,582
Multi-Family
767
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices