1007 Walnut StWood RiverNE68883
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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 Wood River at 1007 Walnut St, Wood River, NE, 68883 offers $0/mo rent that, after a $1,248/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.53% in year one, and rental yield stands at 0% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68883, Wood River, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 700 (70.1%) |
| Renter Occupied HU | 219 (21.9%) |
| Vacant Housing Units | 79 ( 7.9%) |
| Median Home Value | $276,126 |
| Average Home Value | $317,596 |
Housing Distribution
Address Breakdown
Residential
696
Single Family
696
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jackie Beltzer • Berkshire Hathaway HomeServices Da-Ly Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250319
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