500 S 37th St APT 302OmahaNE68105
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow500 S 37th St APT 302, Omaha, NE, 68105 in Omaha is a top-tier cash-flow asset. At $168,800 it produces $1,868/mo in rent and $729/mo in net monthly income, a 13.28% gross rental yield. The DSCR of 2.46 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,742. Five-year appreciation adds $46,636, driving a total cumulative return of $111,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 6.2% |
| Monthly Cash Flow | $729 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,868 |
| Total Monthly Debt Service | $1,073 |
| DSCR Ratio | 1.74x |
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.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68105, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 3,994 (35.6%) |
| Renter Occupied HU | 6,109 (54.5%) |
| Vacant Housing Units | 1,105 ( 9.9%) |
| Median Home Value | $236,765 |
| Average Home Value | $262,307 |
Housing Distribution
Address Breakdown
Residential
9,990
Single Family
7,184
Multi-Family
2,806
Businesses
370
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
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68105, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 3,994 (35.6%) |
| Renter Occupied HU | 6,109 (54.5%) |
| Vacant Housing Units | 1,105 ( 9.9%) |
| Median Home Value | $236,765 |
| Average Home Value | $262,307 |
Housing Distribution
Address Breakdown
Residential
9,990
Single Family
7,184
Multi-Family
2,806
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices