1309 Sherman StWayneNE68787
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 Wayne at 1309 Sherman St, Wayne, NE, 68787 uses $76,245 cash to close to unlock $1,027/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $1,639/mo, and a $1,126/mo payment keeps the spread at $86/mo. Purchase price stands at $230,000, and rental yield measures 8.55% with $1,639/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash records $84,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,639/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68787, Wayne, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,878 (100%) |
| Owner Occupied HU | 1,413 (49.1%) |
| Renter Occupied HU | 1,087 (37.8%) |
| Vacant Housing Units | 378 (13.1%) |
| Median Home Value | $219,372 |
| Average Home Value | $246,672 |
Housing Distribution
Address Breakdown
Residential
2,518
Single Family
2,376
Multi-Family
142
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices