Real Estate Investing in Brownville, Nebraska (68321)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68321 (Brownville, NE)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Brownville, NE (68321)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68321 Brownville
The 68321 ZIP in Brownville, NE is a local-operator market. Outside capital chasing a $202K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 68321 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Brownville have seen price recovery that 68321 has not matched. Nemaha County data supports the view that the spread is structural rather than temporary.
Looking more closely, 404 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 68321 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Brownville:
Market Trends
Home Value History (with trend line)
📊 How Does 68321 Compare?
| Metric | 68321 | Brownville | Nebraska |
|---|---|---|---|
| Home Value | $202,366 | $202,366 | $269,423 |
| 5-Year CAGR | N/A | N/A | 6.7% |
| Avg Rent | $936 | $936 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68321 (Brownville, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $202,366 |
| Monthly Rent | $936 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 20.6% |
📈 Home Appreciation
| 1-Year | +17.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (3.6%). 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 68321
Population: 404
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much should I expect to pay for a home in Brownville, NE?
Typical homes in Brownville, NE go for around $202K. The 5-year CAGR of 0.0% reliable price movement.
Is Brownville, NE a good market for FHA house hackers?
Brownville, NE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $936/mo rent level.
Is NE a landlord-friendly state?
The landlord environment in Brownville, NE is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How do experienced investors play Brownville, NE?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Brownville, NE. The numbers - $202K homes against $936/mo rents - support that play.
How strong is tenant demand in Brownville, NE?
Brownville, NE draws a reliable base of working renters. Demand at the $936/mo rent level is reasonable for standard single-family and small multi rentals.
You know 68321 now. You don’t know where it ranks.
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