604 Lakeside Dr #51LincolnNE68528
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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 604 Lakeside Dr #51, Lincoln, NE, 68528 uses $71,273 cash to close to unlock $3,558/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,748/mo, and a $1,052/mo payment keeps the spread at $296/mo. Purchase price stands at $215,000, and rental yield measures 9.76% with $1,748/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 130.39% and total cumulative return in cash records $92,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,748/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 2002
1,306 sqft lot
$N/A/sqft
No 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
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