801 Castelar StOmahaNE68108
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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
Investment property for sale in Omaha at 801 Castelar St, Omaha, NE, 68108 with 5% annual appreciation on a $150,000 basis while $1,493/mo rent supports operations. Total monthly income totals $1,493/mo and a $734/mo payment preserves $480/mo for cash returns. Annual cash flow comes to $5,763/yr on $49,725 deployed, and return on cash invested reaches 31.5% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 11.94%. Five-year ROI measures 165.78% and total cumulative return in cash totals $82,434.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,493/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1888
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68108, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,648 (100%) |
| Owner Occupied HU | 2,331 (35.1%) |
| Renter Occupied HU | 3,474 (52.3%) |
| Vacant Housing Units | 843 (12.7%) |
| Median Home Value | $169,971 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
5,862
Single Family
4,986
Multi-Family
876
Businesses
537
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