Real Estate Investing in Cook, Nebraska (68329)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68329 (Cook, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.4% 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 Cook, NE (68329)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68329 Cook
ZIP 68329 inside Johnson County looks affordable on the surface — median value of $239K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 68329 is significant only for operators who understand what they are buying. A $239K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 68329 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 68329 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 68329 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Cook:
Market Trends
Home Value History (with trend line)
📊 How Does 68329 Compare?
| Metric | 68329 | Cook | Nebraska |
|---|---|---|---|
| Home Value | $238,927 | $238,927 | $269,423 |
| 5-Year CAGR | 6.2% | 6.2% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68329 (Cook, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $238,927 |
| Monthly Rent | $864 |
| Price-to-Rent | 23.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 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 (2.8%). 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 68329
Population: 589
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 68329
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
How much does a house cost in Cook, NE?
In Cook, NE the median home value sits at $239K. Against the broader NE market, that reads as reasonable for most investors.
How qualified is the tenant pool in Cook, NE?
Expect a solid tenant pool in Cook, NE. The rental market absorbs $864/mo rents without meaningful friction.
What are vacancy rates like in Cook, NE?
Vacancy in Cook, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.
Can owner-occupants cash flow in Cook, NE?
Cook, NE is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $239K price point reasonable to enter.
Are landlord laws favorable in Cook, NE?
Rental owners in Cook, NE deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 68329 now. You don’t know where it ranks.
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