5531 Locust StLincolnNE68516
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
Investment Highlights
Investment property for sale in Lincoln at 5531 Locust St, Lincoln, NE, 68516 listed at $219,000 pairs $1,777/mo rent with a $1,072/mo payment to leave $298/mo cash flow. Total monthly income runs $1,777/mo, and annual cash flow reaches $3,576/yr on $72,599 cash to close. Return on cash invested measures 24.84% in year one, and rental yield registers 9.74% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 130.06% and total cumulative return in cash totals $94,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,777/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68516, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,524 (100%) |
| Owner Occupied HU | 14,168 (65.8%) |
| Renter Occupied HU | 6,319 (29.4%) |
| Vacant Housing Units | 1,037 ( 4.8%) |
| Median Home Value | $339,902 |
| Average Home Value | $373,084 |
Housing Distribution
Address Breakdown
Residential
20,599
Single Family
19,076
Multi-Family
1,523
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices