8941 Miami St APT 15OmahaNE68134
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 8941 Miami St APT 15, Omaha, NE, 68134 in Omaha worth modelling. At $125,000 with a 10.83% gross yield, the $1,128/mo rent leaves $84/mo after the $562/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.01 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $34,535 by year five; $1,151/yr in principal reduction adds further equity. Total projected return: $65,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $84 | $450 |
City averages based on Omaha market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,128 |
| Total Monthly Debt Service | $794 |
| DSCR Ratio | 1.42x |
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.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68134, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,286 (100%) |
| Owner Occupied HU | 6,418 (48.3%) |
| Renter Occupied HU | 5,932 (44.6%) |
| Vacant Housing Units | 936 ( 7.0%) |
| Median Home Value | $239,798 |
| Average Home Value | $271,556 |
Housing Distribution
Address Breakdown
Residential
12,512
Single Family
8,367
Multi-Family
4,145
Businesses
1,050
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68134, Omaha, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,286 (100%) |
| Owner Occupied HU | 6,418 (48.3%) |
| Renter Occupied HU | 5,932 (44.6%) |
| Vacant Housing Units | 936 ( 7.0%) |
| Median Home Value | $239,798 |
| Average Home Value | $271,556 |
Housing Distribution
Address Breakdown
Residential
12,512
Single Family
8,367
Multi-Family
4,145
Businesses
1,050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices