106 E 7th StWakefieldNE68784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Wakefield at 106 E 7th St, Wakefield, NE, 68784 at $178,990 posts ROI 28.15% with $407/mo cash flow from $1,616/mo rent. Total monthly income equals $1,616/mo, and annual cash flow records $4,888/yr on $59,335 to close. Return on cash invested measures 28.15% and rental yield reads 10.83% at the current $178,990. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,452 by year five. Five-year ROI prints 147.82% and total cumulative return in cash totals $87,708.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,616/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68784, Wakefield, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 808 (100%) |
| Owner Occupied HU | 503 (62.3%) |
| Renter Occupied HU | 219 (27.1%) |
| Vacant Housing Units | 86 (10.6%) |
| Median Home Value | $134,500 |
| Average Home Value | $206,844 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
384
Multi-Family
58
Businesses
62
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Nearby investment properties with comparable prices
Listed by: Eric Riewer • P J Morgan Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #823129
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.