4502 Spring StOmahaNE68106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 4502 Spring St, Omaha, NE, 68106 in Omaha speaks for itself: 11.57% gross on a $197,900 price, generating $1,908/mo in rent and $572/mo in net income after the $890/mo debt service. DSCR 2.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,859 stacks alongside $54,676 in projected five-year appreciation and $1,823/yr in principal reduction. Projected total cumulative return: $112,337.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $572 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,908 |
| Total Monthly Debt Service | $1,258 |
| DSCR Ratio | 1.52x |
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 1921
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68106, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,257 (100%) |
| Owner Occupied HU | 5,394 (47.9%) |
| Renter Occupied HU | 5,248 (46.6%) |
| Vacant Housing Units | 615 ( 5.5%) |
| Median Home Value | $249,047 |
| Average Home Value | $313,720 |
Housing Distribution
Address Breakdown
Residential
10,814
Single Family
7,412
Multi-Family
3,402
Businesses
638
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 1921
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68106, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,257 (100%) |
| Owner Occupied HU | 5,394 (47.9%) |
| Renter Occupied HU | 5,248 (46.6%) |
| Vacant Housing Units | 615 ( 5.5%) |
| Median Home Value | $249,047 |
| Average Home Value | $313,720 |
Housing Distribution
Address Breakdown
Residential
10,814
Single Family
7,412
Multi-Family
3,402
Businesses
638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices