Real Estate Investing in Eagle, Nebraska (68347)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68347 (Eagle, NE)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 34.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Eagle, NE (68347)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68347 Eagle
In practical terms, ZIP 68347 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $359K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $359K asset, 68347 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 68347 and stronger Eagle ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
From a cash-flow lens, 2,209 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.
Experienced landlords with local relationships tend to find 68347 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 Eagle:
Property Strategy for 68347
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $232,928 | $960 | 3.0% | +7.8% | $116,464 |
| 3BR | $316,339 | $1,280 | 2.9% | +6.7% | $105,446 |
| 4BR | $446,652 | $1,420 | 2.3% | +6.1% | $111,663 |
Market Trends
Home Value History (with trend line)
📊 How Does 68347 Compare?
| Metric | 68347 | Eagle | Nebraska |
|---|---|---|---|
| Home Value | $358,922 | $358,922 | $269,423 |
| 5-Year CAGR | 4.8% | 4.8% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 1.9% | 1.9% | - |
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 68347 (Eagle, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $358,922 |
| Monthly Rent | $864 |
| Price-to-Rent | 34.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (1.9%). 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 68347
Population: 2,209
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 68347
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
Investor Insight: With 2,763 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Eagle, NE?
Expect elevated vacancy in Eagle, NE. Rents at $864/mo are absorbed by the tenant base without meaningful lag.
What monthly rent should investors expect in Eagle, NE?
Average rent in Eagle, NE is approximately $864/mo per month. Against $359K home values that yields a reasonable rent-to-price ratio.
Can I live-in-and-rent in Eagle, NE?
The house hack math a challenging in Eagle, NE. Owner-occupant buyers benefit from the $864/mo rents and $359K home values.
What is the typical home price in Eagle, NE?
Homes in Eagle, NE typically sell near $359K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What real estate strategy is ideal for Eagle, NE?
Eagle, NE investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($359K prices, $864/mo rents) make it a reasonable choice.
You know 68347 now. You don’t know where it ranks.
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How 68347 ranks in Omaha-Council Bluffs, NE-IA
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