Real Estate Investing in Firth, Nebraska (68358)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68358 (Firth, 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 price-to-rent: Price-to-rent ratio 42.0 — 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 Firth, NE (68358)?
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Market Analysis: 68358 Firth
Not every below-median market is a bargain. Firth's 68358 ZIP registers signals that favor experienced operators who can absorb the risk $485K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 68358 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In practical terms, 68358 offers a low basis, the region around Firth has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 68358 includes headwinds that any investor should price in. Income distribution skews lower than Firth averages, and tenant stability requires active management.
The 68358 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 Firth:
Property Strategy for 68358
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $267,858 | $1,070 | 2.9% | +7.3% | $133,929 |
| 3BR | $436,324 | $1,460 | 2.4% | +7.4% | $145,441 |
Market Trends
Home Value History (with trend line)
📊 How Does 68358 Compare?
| Metric | 68358 | Firth | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $484,793 | $484,793 | N/A | $269,423 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.7% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
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 68358 (Firth, NE). Anonymous, moderated, never written by AI.
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Property managers serving Lancaster County
Manage rentals here? List your business →Kabredlo's Property offers apartment homes for rent in Nebraska and Iowa. summary from their website
Four Corners Property Management, LLC welcomes you home. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $484,793 |
| Monthly Rent | $963 |
| Price-to-Rent | 42.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.6% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (1.6%). 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 68358
Population: 1,660
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 68358
Schools in This ZIP Code
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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
Frequently Asked Questions
Is Firth, NE better for rentals, flips, or BRRRR?
Firth, NE investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($485K prices, $963/mo rents) make it a reasonable choice.
What kind of tenants rent in Firth, NE?
Firth, NE offers a stable renter base at the $963/mo rent level. Tenant turnover is reasonable for well-managed properties.
What are home prices like in Firth, NE?
The median home value in Firth, NE is roughly $485K. That puts it reasonable relative to the NE statewide average.
Is Firth, NE a good market for FHA house hackers?
Firth, NE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $963/mo rent level.
What is the rental occupancy rate in Firth, NE?
Firth, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 68358 now. You don’t know where it ranks.
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How 68358 ranks in Lincoln, NE
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