3031 W Washington StLincolnNE68522
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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
Rental property for sale in Lincoln at 3031 W Washington St, Lincoln, NE, 68522 generates $2,210/mo in rent and, after a $985/mo payment, leaves $851/mo in cash flow. Total monthly income is $2,210/mo, and annual cash flow is $10,211/yr on $66,731 invested. Return on cash invested sits at 35.21% in year one, and rental yield is 13.17% on a $201,300 entry. Equity gained on principal adds $1,299/yr, while 5% annual appreciation builds toward $55,615 over five years. Five-year ROI reaches 185.61% and total cumulative return in cash sums $123,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,210/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68522, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 3,399 (69.1%) |
| Renter Occupied HU | 1,370 (27.9%) |
| Vacant Housing Units | 148 ( 3.0%) |
| Median Home Value | $260,440 |
| Average Home Value | $301,205 |
Housing Distribution
Address Breakdown
Residential
4,879
Single Family
4,879
Multi-Family
0
Businesses
239
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