5322 Corby St APT 11OmahaNE68104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.38% yield at 5322 Corby St APT 11, Omaha, NE, 68104 in Omaha is solid, but the $755/mo payment compresses net cash flow to $129/mo at $168,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $46,415 by year five, and $1,547/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.92) without U.S. income documentation. Total projected return: $73,239.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $129 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,453 |
| Total Monthly Debt Service | $1,258 |
| DSCR Ratio | 1.16x |
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 1941
N/A lot
$N/A/sqft
$190 monthly 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
Condo
Built in 1941
N/A lot
$N/A/sqft
$190 monthly 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: Carmen Bunde • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22602355
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 2026, Great Plains Regional Multiple Listing Service, Inc.