8920 Read StOmahaNE68122
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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 8920 Read St, Omaha, NE, 68122 uses $91,163 cash to close to unlock $1,248/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,961/mo, and a $1,346/mo payment keeps the spread at $104/mo. Purchase price stands at $275,000, and rental yield measures 8.56% with $1,961/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash records $101,111. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,961/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68122, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,198 (100%) |
| Owner Occupied HU | 4,247 (81.7%) |
| Renter Occupied HU | 833 (16.0%) |
| Vacant Housing Units | 118 ( 2.3%) |
| Median Home Value | $243,050 |
| Average Home Value | $276,576 |
Housing Distribution
Address Breakdown
Residential
5,150
Single Family
4,480
Multi-Family
670
Businesses
281
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