512 Wilshire DrBellevueNE68005
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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 Bellevue at 512 Wilshire Dr, Bellevue, NE, 68005 priced at $259,000 converts $2,250/mo rent into $501/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,250/mo, and annual cash flow totals $6,008/yr on $85,859 invested. Return on cash invested prints 26.91% in year one, and rental yield reads 10.42% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 141.12% and total cumulative return in cash sums $121,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1962
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68005, Bellevue, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,192 (100%) |
| Owner Occupied HU | 5,413 (53.1%) |
| Renter Occupied HU | 4,219 (41.4%) |
| Vacant Housing Units | 560 ( 5.5%) |
| Median Home Value | $260,894 |
| Average Home Value | $307,798 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
8,334
Multi-Family
1,279
Businesses
743
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