6902 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
Rental property for sale in Lincoln at 6902 Ballard Ave, Lincoln, NE, 68507 generates $1,561/mo in rent and, after a $1,076/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,561/mo, and annual cash flow is $916/yr on $72,896 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 8.52% on a $219,897 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,753 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $80,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,561/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
6,969 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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