5209 Northwest DrOmahaNE68104
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder5209 Northwest Dr, Omaha, NE, 68104 in Omaha is a stable, well-positioned rental at $245,000. Rental yield 7.15%. DSCR 1.32 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $67,689 in value and $2,256/yr in principal paydown builds equity, a total projected return of $80,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $(195) | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,459 |
| Total Monthly Debt Service | $1,557 |
| DSCR Ratio | 0.94x |
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 1955
7,771 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68104, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,078 (100%) |
| Owner Occupied HU | 8,016 (53.2%) |
| Renter Occupied HU | 6,094 (40.4%) |
| Vacant Housing Units | 968 ( 6.4%) |
| Median Home Value | $208,494 |
| Average Home Value | $276,979 |
Housing Distribution
Address Breakdown
Residential
14,620
Single Family
12,834
Multi-Family
1,786
Businesses
617
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 1955
7,771 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68104, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,078 (100%) |
| Owner Occupied HU | 8,016 (53.2%) |
| Renter Occupied HU | 6,094 (40.4%) |
| Vacant Housing Units | 968 ( 6.4%) |
| Median Home Value | $208,494 |
| Average Home Value | $276,979 |
Housing Distribution
Address Breakdown
Residential
14,620
Single Family
12,834
Multi-Family
1,786
Businesses
617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pete Jenkins • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22512924
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