502 Logan StWayneNE68787
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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 Wayne at 502 Logan St, Wayne, NE, 68787 at $200,000 posts ROI 21.34% with $79/mo cash flow from $1,430/mo rent. Total monthly income equals $1,430/mo, and annual cash flow records $952/yr on $66,300 to close. Return on cash invested measures 21.34% and rental yield reads 8.58% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 111.32% and total cumulative return in cash totals $73,808.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,430/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
0.26 Acres 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
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