647 S 124th StOmahaNE68154
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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 Omaha at 647 S 124th St, Omaha, NE, 68154 offers a 11.07% rental yield on a $345,000 purchase with $3,184/mo rent. Total monthly income registers $3,184/mo, and a $1,689/mo payment leaves $854/mo available for distribution. Annual cash flow reaches $10,247/yr on $114,368 to close, and return on cash invested stands at 28.87% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 151.62% and total cumulative return in cash at $173,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,184/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68154, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,130 (100%) |
| Owner Occupied HU | 5,963 (53.6%) |
| Renter Occupied HU | 4,632 (41.6%) |
| Vacant Housing Units | 535 ( 4.8%) |
| Median Home Value | $331,987 |
| Average Home Value | $389,285 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
6,697
Multi-Family
4,074
Businesses
1,278
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