429 N 163rd StOmahaNE68118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFor first-time U.S. investors or those diversifying conservatively, 429 N 163rd St, Omaha, NE, 68118 in Omaha offers a clean, manageable entry. Rental yield 8.04%. DSCR 1.49 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $123,208 in additional property value over five years, with $4,107/yr in principal equity building ownership stake. Total projected cumulative return: $168,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $(32) | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,987 |
| Total Monthly Debt Service | $2,834 |
| DSCR Ratio | 1.05x |
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 2009
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68118, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,972 (81.2%) |
| Renter Occupied HU | 596 (16.3%) |
| Vacant Housing Units | 92 ( 2.5%) |
| Median Home Value | $372,003 |
| Average Home Value | $422,129 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,307
Multi-Family
403
Businesses
337
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 2009
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68118, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,972 (81.2%) |
| Renter Occupied HU | 596 (16.3%) |
| Vacant Housing Units | 92 ( 2.5%) |
| Median Home Value | $372,003 |
| Average Home Value | $422,129 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,307
Multi-Family
403
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices