8139 S 198th StGretnaNE68028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8139 S 198th St, Gretna, NE, 68028 in Gretna hard to pass up. The 10.41% gross yield on a $391,400 purchase results in $3,395/mo in rent and $748/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.93). Annual cash flow of $8,971, five-year appreciation of $108,137, and $3,605/yr in equity build-up combine for a projected total cumulative return of $197,538.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $748 | $285 |
City averages based on Gretna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,395 |
| Total Monthly Debt Service | $2,492 |
| DSCR Ratio | 1.36x |
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 2025
0.25 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68028, Gretna, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 5,202 (81.8%) |
| Renter Occupied HU | 931 (14.6%) |
| Vacant Housing Units | 223 ( 3.5%) |
| Median Home Value | $423,174 |
| Average Home Value | $450,791 |
Housing Distribution
Address Breakdown
Residential
6,191
Single Family
6,062
Multi-Family
129
Businesses
634
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 2025
0.25 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68028, Gretna, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 5,202 (81.8%) |
| Renter Occupied HU | 931 (14.6%) |
| Vacant Housing Units | 223 ( 3.5%) |
| Median Home Value | $423,174 |
| Average Home Value | $450,791 |
Housing Distribution
Address Breakdown
Residential
6,191
Single Family
6,062
Multi-Family
129
Businesses
634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don Igo • Celebrity Homes Inc
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22508862
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 2025, Great Plains Regional Multiple Listing Service, Inc.