Best ZIP Codes for Cash Flow in Omaha-Council Bluffs, NE-IA (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 51545 Little Sioux, IA $91,958 $900 7.63% —
2 68111 Omaha, NE $137,447 $1,342 7.62% 5.7%
3 68112 Omaha, NE $187,591 $1,572 6.53% 4.4%
4 68104 Omaha, NE $203,589 $1,568 6.01% 4.5%
5 68110 Omaha, NE $144,626 $1,100 5.93% 5.2%
6 68117 Omaha, NE $224,178 $1,700 5.91% 5.7%
7 68108 Omaha, NE $174,025 $1,306 5.85% 4.5%
8 68107 Omaha, NE $185,883 $1,375 5.77% 5.5%
9 51501 Council Bluffs, IA $188,482 $1,348 5.58% 6.1%
10 68106 Omaha, NE $257,884 $1,824 5.52% 4.9%
11 68131 Omaha, NE $220,294 $1,441 5.10% 4.6%
12 68147 Bellevue, NE $256,347 $1,600 4.87% 6.1%
13 68122 Omaha, NE $287,707 $1,776 4.81% 4.5%
14 51556 Modale, IA $203,959 $1,233 4.72% —
15 68137 Omaha, NE $288,348 $1,736 4.70% 4.8%
16 51532 Elliott, IA $146,819 $864 4.59% 5.7%
17 68142 Omaha, NE $374,769 $2,150 4.47% 3.6%
18 51533 Emerson, IA $193,629 $1,098 4.42% 2.9%
19 51510 Carter Lake, IA $213,858 $1,206 4.40% 6.8%
20 68105 Omaha, NE $230,888 $1,243 4.20% 4.8%
21 51541 Henderson, IA $181,860 $954 4.09% —
22 51544 Lewis, IA $165,970 $864 4.06% 5.0%
23 68135 Omaha, NE $393,860 $1,998 3.96% 4.2%
24 51561 Pacific Junction, IA $236,390 $1,188 3.92% —
25 51564 Pisgah, IA $174,448 $864 3.86% —

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Omaha-Council Bluffs, NE-IA  ·  Affordable in Omaha-Council Bluffs, NE-IA

Or see the full Omaha-Council Bluffs, NE-IA metro profile.