424 Grover StOmahaNE68108
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 Omaha at 424 Grover St, Omaha, NE, 68108 listed at $120,000 pairs $950/mo rent with a $587/mo payment to leave $140/mo cash flow. Total monthly income runs $950/mo, and annual cash flow reaches $1,680/yr on $39,780 cash to close. Return on cash invested measures 24.13% in year one, and rental yield registers 9.5% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 126.2% and total cumulative return in cash totals $50,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $950/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68108, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,648 (100%) |
| Owner Occupied HU | 2,331 (35.1%) |
| Renter Occupied HU | 3,474 (52.3%) |
| Vacant Housing Units | 843 (12.7%) |
| Median Home Value | $169,971 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
4,986
Multi-Family
876
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices