5617 & 5619 Decatur StOmahaNE68104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 5617 & 5619 Decatur St, Omaha, NE, 68104 in Omaha is capital appreciation. Rental yield 3.25%. The 3.25% gross yield at $530,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $146,429 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.60) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $64,298.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.2% |
| Monthly Cash Flow | $(2,145) | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $3,368 |
| DSCR Ratio | 0.43x |
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 1999
3,920 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 1999
3,920 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
