920 Walnut 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 920 Walnut St, Wayne, NE, 68787 listed at $195,000 pairs $1,967/mo rent with a $954/mo payment to leave $651/mo cash flow. Total monthly income runs $1,967/mo, and annual cash flow reaches $7,808/yr on $64,643 cash to close. Return on cash invested measures 31.99% in year one, and rental yield registers 12.1% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 168.37% and total cumulative return in cash totals $108,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,967/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
10,454 sqft 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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Listed by: Pat Lunz • Pat Lunz Real Estate Broker
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #825375
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.