310 W 11th 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
Investment property for sale in Wood River at 310 W 11th St, Wood River, NE, 68883 offers a 8.85% rental yield on a $260,000 purchase with $1,918/mo rent. Total monthly income registers $1,918/mo, and a $1,273/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,942/yr on $86,190 to close, and return on cash invested stands at 22.16% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 115.68% and total cumulative return in cash at $99,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,918/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
0.32 Acres 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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Listed by: Lori Henn • Coldwell Banker Action Holdings
Mls Name: Grand Island BOR
Mls ID: #20250640