840 N 29th StLincolnNE68503
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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 840 N 29th St, Lincoln, NE, 68503 uses $61,328 cash to close to unlock $1,875/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $905/mo payment keeps the spread at $156/mo. Purchase price stands at $185,000, and rental yield measures 9.11% with $1,405/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $73,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $905/mo payment rather than investor’s personal income.
Multi Family
Built in 1910
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68503, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,865 (100%) |
| Owner Occupied HU | 1,884 (27.4%) |
| Renter Occupied HU | 4,366 (63.6%) |
| Vacant Housing Units | 615 ( 9.0%) |
| Median Home Value | $169,679 |
| Average Home Value | $212,272 |
Housing Distribution
Address Breakdown
Residential
6,349
Single Family
5,582
Multi-Family
767
Businesses
318
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