3606 Westgate RdOmahaNE68124
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3606 Westgate Rd, Omaha, NE, 68124 in Omaha earns its strong cash-flow label: 11.77% yield, $3,284/mo rent, $1,023/mo net income, DSCR 2.18. The $334,950 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $92,541 by year five. Combined with $3,085/yr in principal paydown, total projected return reaches $193,629.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $1,023 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,284 |
| Total Monthly Debt Service | $2,129 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68124, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,086 (100%) |
| Owner Occupied HU | 4,260 (60.1%) |
| Renter Occupied HU | 2,386 (33.7%) |
| Vacant Housing Units | 440 ( 6.2%) |
| Median Home Value | $358,240 |
| Average Home Value | $408,873 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
5,112
Multi-Family
1,658
Businesses
768
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
Single Family
Built in 1963
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68124, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,086 (100%) |
| Owner Occupied HU | 4,260 (60.1%) |
| Renter Occupied HU | 2,386 (33.7%) |
| Vacant Housing Units | 440 ( 6.2%) |
| Median Home Value | $358,240 |
| Average Home Value | $408,873 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
5,112
Multi-Family
1,658
Businesses
768
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices