427 N 24th 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
Investment property for sale in Lincoln at 427 N 24th St, Lincoln, NE, 68503 offers a 8.41% rental yield on a $219,900 purchase with $1,541/mo rent. Total monthly income registers $1,541/mo, and a $1,076/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $676/yr on $72,897 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 108.6% and total cumulative return in cash at $79,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,541/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1886
4,791 sqft 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