4659 Spring StOmahaNE68106
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 4659 Spring St, Omaha, NE, 68106 offers a 9.98% rental yield on a $269,711 purchase with $2,243/mo rent. Total monthly income registers $2,243/mo, and a $1,320/mo payment leaves $422/mo available for distribution. Annual cash flow reaches $5,061/yr on $89,409 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $1,740/yr while 5% annual appreciation supports $74,516 over five years. Portfolio math shows five-year ROI at 133.95% and total cumulative return in cash at $119,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,243/mo property income against a $1,320/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,098 sqft 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
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