7302 Grover StOmahaNE68124
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 7302 Grover St, Omaha, NE, 68124 in Omaha. Priced at $329,950, it generates $2,942/mo in gross rent and $714/mo in net monthly cash flow, a 10.7% yield that comfortably supports the 1.98 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,572. Five-year appreciation: $91,159. Equity from principal paydown: $3,039/yr. Total projected cumulative return: $171,851.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $714 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,942 |
| Total Monthly Debt Service | $2,097 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68124, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,086 (100%) |
| Owner Occupied HU | 4,260 (60.1%) |
| Renter Occupied HU | 2,386 (33.7%) |
| Vacant Housing Units | 440 ( 6.2%) |
| Median Home Value | $358,240 |
| Average Home Value | $408,873 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
5,112
Multi-Family
1,658
Businesses
768
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
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68124, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,086 (100%) |
| Owner Occupied HU | 4,260 (60.1%) |
| Renter Occupied HU | 2,386 (33.7%) |
| Vacant Housing Units | 440 ( 6.2%) |
| Median Home Value | $358,240 |
| Average Home Value | $408,873 |
Housing Distribution
Address Breakdown
Residential
6,770
Single Family
5,112
Multi-Family
1,658
Businesses
768
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices