302 W Wayne StRandolphNE68771
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 Randolph at 302 W Wayne St, Randolph, NE, 68771 offers $1,567/mo rent that, after a $808/mo payment, leaves $452/mo cash flow. Total monthly income is $1,567/mo, and annual cash flow is $5,429/yr on $54,698 cash. Return on cash invested measures 29.83% in year one, and rental yield stands at 11.4% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 156.86% and total cumulative return in cash reaches $85,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,567/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68771, Randolph, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 665 (100%) |
| Owner Occupied HU | 462 (69.5%) |
| Renter Occupied HU | 116 (17.4%) |
| Vacant Housing Units | 87 (13.1%) |
| Median Home Value | $201,563 |
| Average Home Value | $235,271 |
Housing Distribution
Address Breakdown
Residential
419
Single Family
419
Multi-Family
0
Businesses
59
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