3200 Farnam Ct #3610OmahaNE68131
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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 Omaha at 3200 Farnam Ct #3610, Omaha, NE, 68131 uses $85,361 cash to close to unlock $318/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,260/mo payment keeps the spread at $26/mo. Purchase price stands at $257,500, and rental yield measures 8.23% with $1,765/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 105.6% and total cumulative return in cash records $90,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68131, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,991 (100%) |
| Owner Occupied HU | 1,552 (19.4%) |
| Renter Occupied HU | 5,369 (67.2%) |
| Vacant Housing Units | 1,070 (13.4%) |
| Median Home Value | $266,423 |
| Average Home Value | $329,447 |
Housing Distribution
Address Breakdown
Residential
7,068
Single Family
3,351
Multi-Family
3,717
Businesses
639
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