6930 Sumner St UNIT 6930LincolnNE68506
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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
Total monthly income runs $1,926/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 5.78% with $1,926/mo rent. Return on cash invested shows 9.28% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 47.88% and total cumulative return in cash records $63,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Townhouse
Built in 1972
7,701 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68506, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,201 (100%) |
| Owner Occupied HU | 8,029 (60.8%) |
| Renter Occupied HU | 4,663 (35.3%) |
| Vacant Housing Units | 509 ( 3.9%) |
| Median Home Value | $279,365 |
| Average Home Value | $316,415 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
10,525
Multi-Family
2,386
Businesses
1,004
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Listed by: Andrew McNeely • BancWise Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22425521
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.