6708 S 48th StOmahaNE68117
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 6708 S 48th St, Omaha, NE, 68117 in Omaha fits: $400,000, 4% gross yield, and a projected 5% annual appreciation rate adding $110,513 in value within five years. Rental yield 4%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.74) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,684/yr in principal paydown and $110,513 in appreciation project a total return of $64,678.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 6.2% |
| Monthly Cash Flow | $(1,367) | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,334 |
| Total Monthly Debt Service | $2,542 |
| DSCR Ratio | 0.52x |
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 1962
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68117, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,215 (100%) |
| Owner Occupied HU | 2,215 (68.9%) |
| Renter Occupied HU | 876 (27.2%) |
| Vacant Housing Units | 124 ( 3.9%) |
| Median Home Value | $201,335 |
| Average Home Value | $231,678 |
Housing Distribution
Address Breakdown
Residential
3,233
Single Family
3,112
Multi-Family
121
Businesses
402
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 1962
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68117, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,215 (100%) |
| Owner Occupied HU | 2,215 (68.9%) |
| Renter Occupied HU | 876 (27.2%) |
| Vacant Housing Units | 124 ( 3.9%) |
| Median Home Value | $201,335 |
| Average Home Value | $231,678 |
Housing Distribution
Address Breakdown
Residential
3,233
Single Family
3,112
Multi-Family
121
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices