1212 Walnut StWood RiverNE68883
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
Rental property for sale in Wood River at 1212 Walnut St, Wood River, NE, 68883 priced at $229,900 pairs $2,123/mo rent with $571/mo cash flow after a $1,125/mo payment. Total monthly income equals $2,123/mo, and annual cash flow comes to $6,849/yr on $76,212 invested. Return on cash invested is 28.9% in year one, and rental yield stands at 11.08% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 151.77% and total cumulative return in cash reaches $115,667. For financing, Ziffy Mortgage’s DSCR program evaluates $2,123/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1916
10,454 sqft 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
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Nearby investment properties with comparable prices
Listed by: Terry Lindstrom • EXIT Realty Professionals
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22420612
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.