916 Carriage Way #13LincolnNE68510
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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
Rental property for sale in Lincoln at 916 Carriage Way #13, Lincoln, NE, 68510 generates $1,438/mo in rent, after a $1,150/mo payment. Total monthly income is $1,438/mo. Return on cash invested sits at 17.62% in year one, and rental yield is 7.34% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 91.32% and total cumulative return in cash sums $71,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,438/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68510, Lincoln, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,221 (100%) |
| Owner Occupied HU | 5,188 (50.8%) |
| Renter Occupied HU | 4,325 (42.3%) |
| Vacant Housing Units | 708 ( 6.9%) |
| Median Home Value | $254,031 |
| Average Home Value | $305,227 |
Housing Distribution
Address Breakdown
Residential
9,615
Single Family
8,210
Multi-Family
1,405
Businesses
840
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