6604 Ballard AveLincolnNE68507
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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 6604 Ballard Ave, Lincoln, NE, 68507 offers a 3.78% rental yield on a $321,000 purchase with $1,012/mo rent. 88% in year one. Equity gained on principal adds $2,071/yr while 5% annual appreciation supports $88,686 over five years. Portfolio math shows five-year ROI at 33.71% and total cumulative return in cash at $35,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,012/mo property income against a $1,571/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
7,101 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68507, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,634 (100%) |
| Owner Occupied HU | 4,495 (58.9%) |
| Renter Occupied HU | 2,792 (36.6%) |
| Vacant Housing Units | 347 ( 4.5%) |
| Median Home Value | $236,817 |
| Average Home Value | $248,601 |
Housing Distribution
Address Breakdown
Residential
7,237
Single Family
6,825
Multi-Family
412
Businesses
383
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