962 W El Alameda St, Lincoln, NE, 68523 | 6.36% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1834 sft

2110 Sewell St, Lincoln, NE, 68502

3 Bed
3 Bath
2268 sft

1601 Old Farm Rd, Lincoln, NE, 68512

3 Bed
2 Bath
1627 sft

3530 Smith St, Lincoln, NE, 68506

3 Bed
2 Bath
1616 sft

1609 N 71st St, Lincoln, NE, 68505

Nearby investment properties with comparable prices

3 Bed
3 Bath
2108 sft

943 Barker Ln, Lincoln, NE, 68521

3 Bed
3 Bath
2025 sft

5910 Robin Ct, Lincoln, NE, 68516

4 Bed
3 Bath
2648 sft

1833 Folkways Blvd, Lincoln, NE, 68521

3 Bed
3 Bath
1617 sft

9040 Garland St, Lincoln, NE, 68505

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lincoln at 962 W El Alameda St, Lincoln, NE, 68523 generates $2,280/mo in rent, after a $2,104/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 14.66% in year one, and rental yield is 6.36% on a $429,950 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,787 over five years. Five-year ROI reaches 75.44% and total cumulative return in cash sums $107,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.

Single Family

Built in 2026

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 68523, Lincoln, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,079 (100%)
Owner Occupied HU	781 (72.4%)
Renter Occupied HU	134 (12.4%)
Vacant Housing Units	164 (15.2%)
Median Home Value	$454,651
Average Home Value	$504,133