502 S 50th StOmahaNE68106
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.98% gross rental yield, 502 S 50th St, Omaha, NE, 68106 in Omaha is priced for capital growth, not immediate cash flow. The $450,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $124,327 by year five, with $4,145/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.11) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $120,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(796) | $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 | $2,243 |
| Total Monthly Debt Service | $2,860 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1942
7,588 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
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
Multi Family
Built in 1942
7,588 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices