40058 W Community Center RdWallaceNE69169
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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
Investment property for sale in Wallace at 40058 W Community Center Rd, Wallace, NE, 69169 offers a 8.35% rental yield on a $208,000 purchase with $1,448/mo rent. Total monthly income registers $1,448/mo, and a $1,018/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $522/yr on $68,952 to close, and return on cash invested stands at 20.67% in year one. Equity gained on principal adds $1,342/yr while 5% annual appreciation supports $57,467 over five years. Portfolio math shows five-year ROI at 107.67% and total cumulative return in cash at $74,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,448/mo property income against a $1,018/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69169, Wallace, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 185 (66.3%) |
| Renter Occupied HU | 51 (18.3%) |
| Vacant Housing Units | 43 (15.4%) |
| Median Home Value | $206,034 |
| Average Home Value | $268,946 |
Housing Distribution
Address Breakdown
Residential
189
Single Family
189
Multi-Family
0
Businesses
40
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