Old Cheney And S Folsom Rd #ZF10UWLincolnNE68523
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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 Old Cheney And S Folsom Rd #ZF10UW, Lincoln, NE, 68523 priced at $338,000 pairs $2,652/mo rent with $370/mo cash flow after a $1,654/mo payment. Total monthly income equals $2,652/mo, and annual cash flow comes to $4,439/yr on $112,047 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 9.42% on a $338,000 basis. Equity gained on principal adds $2,181/yr, and 5% annual appreciation accumulates to $93,383 by year five. Five-year ROI measures 124.81% and total cumulative return in cash reaches $139,850. For financing, Ziffy Mortgage’s DSCR program evaluates $2,652/mo property income against a $1,654/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A 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 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
12
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