408 W 10th StWood RiverNE68883
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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 Wood River at 408 W 10th St, Wood River, NE, 68883 listed at $217,500 pairs $1,570/mo rent with a $1,065/mo payment to leave $101/mo cash flow. Total monthly income runs $1,570/mo, and annual cash flow reaches $1,210/yr on $72,101 cash to close. Return on cash invested measures 21.59% in year one, and rental yield registers 8.66% at a $217,500 basis. Equity gained on principal adds $1,403/yr, and annual property appreciation at 5% supports $60,091 by year five. Five-year ROI tracks 112.6% and total cumulative return in cash totals $81,186. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,570/mo property income relative to a $1,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1907
8,000 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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Listed by: Nathan Kosse • Little Blue Real Estate & Appraisal
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251040