Investing in Lancaster County
Lancaster County covers 3 rental markets we actively finance in Nebraska — Hickman, Lincoln, Waverly. Across those markets the median investment basis averages $315,000, a long-term lease averages $1,842/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,326. That produces a county-wide average DSCR ratio near 0.80x.
Basis varies more inside Lancaster County than the average suggests. Lincoln is the lowest entry point at roughly $275,000, while Lincoln currently models the strongest coverage ratio in the county at 0.96x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.