In this work, the impact of nonstoichiometric substitution of Fe3+ cations by Ni2+ ones on the structural and magnetic properties of Co0.5Ni0.5+xFe2-xO4 (0.0 ≤ x ≤ 0.4) nanoferrites synthesized by citric autocombustion method. The cubic phase purity for sintered samples were verified by XRD patterns and FTIR spectra. The crystallite size and microstrain were deduced using Williamson-Hall method. The estimated crystallite size ranges from 55 to 89 nm in agreement with TEM microimages. Hysteresis loops traced using VSM prevailed a regular reduction of saturation magnetization with Ni substitution. Relied on the experimental data of XRD, FTIR, and VSM, cation distribution has been suggested, according to which the nonstoichiometric substitution was compensated by the appearance of higher valance states of Fe, Ni, and Co cations. The suggested cation distribution successfully explained the recorded data of lattice parameter, crystallite size, IR frequencies, magnetization and coercivity.