520 Lakeside Dr #29LincolnNE68528
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 520 Lakeside Dr #29, Lincoln, NE, 68528 in Lincoln. At $235,000 it earns $2,126/mo in rent and distributes $324/mo to the owner after the $1,057/mo payment, a consistent 10.86% yield. DSCR 2.01 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,926 in value; $2,164/yr in principal paydown compounds ownership stake. Total projected return: $111,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.2% |
| Monthly Cash Flow | $324 | $450 |
City averages based on Lincoln market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,126 |
| Total Monthly Debt Service | $1,708 |
| DSCR Ratio | 1.24x |
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 2001
1,710 sqft lot
$N/A/sqft
$215 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
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 2001
1,710 sqft lot
$N/A/sqft
$215 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices