Real Estate Investing in Lyons, Nebraska (68038)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68038 (Lyons, NE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lyons, NE (68038)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68038 Lyons
ZIP 68038 inside Burt looks affordable on the surface — median value of $190K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $864/mo on a $190K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68038 sits below the stated 0.0% once reality is priced in.
Within NE, ZIP 68038 trails on several market indicators that neighboring Burt submarkets outperform. The gap is real and robust enough to shape underwriting.
The demographic picture in 68038 includes headwinds that any investor should price in. Income distribution skews lower than Lyons averages, and tenant stability requires active management.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Lyons:
Property Strategy for 68038
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $129,083 | $960 | 5.4% | +13.4% | $64,542 |
| 3BR | $172,227 | $1,230 | 5.1% | +9.5% | $57,409 |
| 4BR | $238,065 | $1,380 | 4.2% | +8.6% | $59,516 |
Market Trends
Home Value History (with trend line)
📊 How Does 68038 Compare?
| Metric | 68038 | Lyons | Nebraska |
|---|---|---|---|
| Home Value | $190,207 | $190,207 | $269,423 |
| 5-Year CAGR | 9.8% | 9.8% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.5% | 3.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68038 (Lyons, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $190,207 |
| Monthly Rent | $864 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.5% |
| 5-Year IRR | 13.3% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +9.8% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 68038
Population: 1,267
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 68038
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What real estate strategy is ideal for Lyons, NE?
For Lyons, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What kind of tenants rent in Lyons, NE?
Tenant quality in Lyons, NE ranks as solid. Landlords generally report steady occupancy at market rents of $864/mo.
How does Lyons, NE stack up for property investment?
Yes - Lyons, NE a 3.0/5 investability score. With $190K home prices against $864/mo monthly rent, the market delivers a reasonable entry point for new investors.
Does Lyons, NE favor landlords or tenants?
Rental owners in Lyons, NE deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Are homes affordable in Lyons, NE?
Lyons, NE home values average about $190K. That price point suits investors targeting rentals with $864/mo in monthly income.
You know 68038 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68038 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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