Real Estate Investing in Filley, Nebraska (68357)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68357 (Filley, 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.
- High vacancy: 12.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.6 — hard to cash-flow at these prices.
• 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 Filley, NE (68357)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68357 Filley
Meanwhile, ZIP 68357 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $313K median. It rewards specialists, not generalists.
Rent of $981/mo on a $313K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68357 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 68357 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 68357 includes headwinds that any investor should price in. Income distribution skews lower than Filley averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 68357 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 Filley:
Market Trends
Home Value History (with trend line)
📊 How Does 68357 Compare?
| Metric | 68357 | Filley | Nebraska |
|---|---|---|---|
| Home Value | $312,532 | $312,532 | $269,423 |
| 5-Year CAGR | 5.7% | 5.7% | 6.7% |
| Avg Rent | $981 | $981 | - |
| Cap Rate | 2.5% | 2.5% | - |
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 68357 (Filley, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68357 (Filley, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $312,532 |
| Monthly Rent | $981 |
| Price-to-Rent | 26.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (2.5%). 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 68357
Population: 325
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
Frequently Asked Questions
How strong is tenant demand in Filley, NE?
Working renters make up the core of the Filley, NE tenant base. The pool is reasonable for investors targeting long-term holds.
Is Filley, NE a good place for real estate investing?
Yes - Filley, NE a 3.0/5 investability score. With $313K home prices against $981/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are homes affordable in Filley, NE?
Filley, NE median home values land near $313K. That is reasonable territory for investors looking at $981/mo-per-month rentals.
Does house hacking make sense in Filley, NE?
House hacking works a challenging in Filley, NE. Rents of $981/mo against $313K acquisition make the strategy solid for owner-occupants.
Are eviction rules reasonable in Filley, NE?
For rental operators, Filley, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 68357 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68357 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.
AI Market Advisor
Ask questions about investing in 68357 (Filley)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68357 (Filley, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.