Real Estate Investing in Pender, Nebraska (68047)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68047 (Pender, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pender, NE (68047)?
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Market Analysis: 68047 Pender
In practical terms, ZIP 68047 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $233K median. It rewards specialists, not generalists.
Rent of $936/mo on a $233K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68047 sits below the stated 0.0% once reality is priced in.
ZIP 68047's metrics run below Cuming County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A sturdy renter share of 22% in 68047 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
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 Pender:
Market Trends
Home Value History (with trend line)
📊 How Does 68047 Compare?
| Metric | 68047 | Pender | Nebraska |
|---|---|---|---|
| Home Value | $233,248 | $233,248 | $269,423 |
| 5-Year CAGR | 5.6% | 5.6% | 6.7% |
| Avg Rent | $936 | $936 | - |
| Cap Rate | 3.1% | 3.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68047 (Pender, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,248 |
| Monthly Rent | $936 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (3.1%). 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 68047
Population: 1,900
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 68047
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.
Frequently Asked Questions
Are homes affordable in Pender, NE?
Pender, NE home values average about $233K. That price point suits investors targeting rentals with $936/mo in monthly income.
What real estate strategy is ideal for Pender, NE?
For Pender, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Pender, NE a friendly market for rental owners?
For rental operators, Pender, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Can I live-in-and-rent in Pender, NE?
House hacking in Pender, NE is a challenging. With home values around $233K and rents at $936/mo, owner-occupants can offset a meaningful share of PITI.
Should investors consider Pender, NE?
The 3.0/5 investability rating in Pender, NE reflects its $233K prices and $936/mo rents. Investors generally consider it a solid option within NE.
You know 68047 now. You don’t know where it ranks.
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