Real Estate Investing in Johnson, Nebraska (68378)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68378 (Johnson, 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: 26.4% of homes vacant — above national norms.
• 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 Johnson, NE (68378)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68378 Johnson
ZIP 68378 inside Nemaha County looks affordable on the surface — median value of $259K — but the discount exists for reasons that a careful buyer should understand before committing.
The 68378 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Johnson have seen price recovery that 68378 has not matched. Nemaha County data supports the view that the spread is structural rather than temporary.
Who lives in 68378 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 68378 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 Johnson:
Market Trends
Home Value History (with trend line)
📊 How Does 68378 Compare?
| Metric | 68378 | Johnson | Nebraska |
|---|---|---|---|
| Home Value | $259,145 | $259,145 | $269,423 |
| 5-Year CAGR | 7.7% | 7.7% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.6% | 2.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68378 (Johnson, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,145 |
| Monthly Rent | $864 |
| Price-to-Rent | 25.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +14.6% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 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 (2.6%). 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 68378
Population: 713
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 68378
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
Do landlords face vacancy issues in Johnson, NE?
Rental vacancy in Johnson, NE is elevated. Investors should budget normal turnover but not chronic empty units.
How should investors approach Johnson, NE?
In Johnson, NE the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $259K prices and $864/mo rents suits that approach.
What are rental rates like in Johnson, NE?
Rental rates in Johnson, NE average $864/mo. Tenant demand and $259K home values make the yield look reasonable by investor standards.
How do landlord-tenant laws work in Johnson, NE?
NE ranks as a landlord-friendly state for landlord-tenant law. Johnson generally follows the statewide framework, so landlords face reasonable operating rules.
Is Johnson in NE worth investing in?
Our data puts Johnson, NE at 3.0/5 for investability. Home prices of $259K and rents around $864/mo create a solid backdrop for investor activity.
You know 68378 now. You don’t know where it ranks.
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