509 NW 16th St #5LincolnNE68528
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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
Rental property for sale in Lincoln at 509 NW 16th St #5, Lincoln, NE, 68528 generates $1,886/mo in rent and, after a $1,028/mo payment, leaves $268/mo in cash flow. Total monthly income is $1,886/mo, and annual cash flow is $3,213/yr on $69,615 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 10.78% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 129.58% and total cumulative return in cash sums $90,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,886/mo property income rather than buyer’s personal income.
Townhouse
Built in 1976
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68528, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,238 (100%) |
| Owner Occupied HU | 1,945 (60.1%) |
| Renter Occupied HU | 1,134 (35.0%) |
| Vacant Housing Units | 159 ( 4.9%) |
| Median Home Value | $280,383 |
| Average Home Value | $341,558 |
Housing Distribution
Address Breakdown
Residential
3,269
Single Family
2,907
Multi-Family
362
Businesses
193
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Listed by: Derek Kats • Keller Williams Lincoln
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22510354
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.