Real Estate Investing in Mullen, Nebraska

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 707 • Hooker County

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Should you buy in Mullen, NE? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (69/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 32.3% of homes vacant — above national norms.

What’s happening in Mullen, NE?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $141,676
Avg Monthly Rent $864
ZIP Codes 1

Investing in Mullen Real Estate

Mullen (Nebraska) spans 1 ZIPs and roughly a sizable population. decisively the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Mullen, NE should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

The $864/mo / $142K relationship in Mullen looks underwhelming once vacancy and capex are incorporated into underwriting. seems to the realized yield tends to disappoint.

Mullen's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$141,676
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (NE)

ZIP Codes in Mullen, NE

Screen every ZIP in Mullen

Filter Mullen’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Mullen, NE

Is vacancy a concern in Mullen, NE?

Mullen, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What kind of tenants rent in Mullen, NE?

The renter base in Mullen, NE is reasonable for the $864/mo price point. Screening well and pricing to market typically yields reliable tenants.

Where do rents currently stand in Mullen, NE?

Rent in Mullen, NE is around $864/mo. The resulting rent-to-value relationship with $142K pricing is reasonable for most investor models.

What does house hacking look like in Mullen, NE?

House hacking in Mullen, NE is reasonable to execute. Prices around $142K and rents of $864/mo solid owner-occupant economics.

How strong is Mullen, NE for real estate investors?

Our data puts Mullen, NE at 3.0/5 for investability. Home prices of $142K and rents around $864/mo create a solid backdrop for investor activity.

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