828 Norwood DrLincolnNE68512
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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 Lincoln at 828 Norwood Dr, Lincoln, NE, 68512 listed at $240,000 pairs $1,764/mo rent with a $1,175/mo payment to leave $43/mo cash flow. Total monthly income runs $1,764/mo, and annual cash flow reaches $516/yr on $79,560 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 8.82% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 107.6% and total cumulative return in cash totals $85,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,764/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
4,356 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68512, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,940 (100%) |
| Owner Occupied HU | 3,739 (62.9%) |
| Renter Occupied HU | 2,011 (33.9%) |
| Vacant Housing Units | 190 ( 3.2%) |
| Median Home Value | $355,522 |
| Average Home Value | $426,365 |
Housing Distribution
Address Breakdown
Residential
5,816
Single Family
4,756
Multi-Family
1,060
Businesses
464
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Listed by: Mark Taylor • Nebraska Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22515707
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