7109 Platte 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 7109 Platte Ave, Lincoln, NE, 68507 generates $1,187/mo in rent and, after a $856/mo payment, leaves $6/mo in cash flow. Total monthly income is $1,187/mo, and annual cash flow is $72/yr on $57,979 invested. Return on cash invested sits at 20.03% in year one, and rental yield is 8.14% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 104.25% and total cumulative return in cash sums $60,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,187/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
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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