1103 Waynoka StHastingsNE68901
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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 Hastings at 1103 Waynoka St, Hastings, NE, 68901 priced at $130,000 converts $999/mo rent into $121/mo cash flow after a $636/mo obligation. Total monthly income equals $999/mo, and annual cash flow totals $1,457/yr on $43,095 invested. Return on cash invested prints 23.29% in year one, and rental yield reads 9.22% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 121.77% and total cumulative return in cash sums $52,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $999/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Jessica Colson • Woods Bros Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250223
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.