Real Estate Investing in Weeping Water, Nebraska (68463)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68463 (Weeping Water, NE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Weeping Water, NE (68463)?
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Market Analysis: 68463 Weeping Water
The 68463 ZIP in Weeping Water, NE is a local-operator market. Outside capital chasing a $232K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $232K asset, 68463 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within NE, ZIP 68463 trails on several market indicators that neighboring Cass County submarkets outperform. The gap is real and resilient enough to shape underwriting.
The demographic picture in 68463 includes headwinds that any investor should price in. Income distribution skews lower than Weeping Water averages, and tenant stability requires active management.
The 68463 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 Weeping Water:
Property Strategy for 68463
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $190,811 | $1,020 | 3.8% | +6.6% | $95,406 |
| 3BR | $235,471 | $1,350 | 4.1% | +6.0% | $78,490 |
Market Trends
Home Value History (with trend line)
📊 How Does 68463 Compare?
| Metric | 68463 | Weeping Water | Nebraska |
|---|---|---|---|
| Home Value | $232,186 | $232,186 | $269,423 |
| 5-Year CAGR | 5.3% | 5.3% | 6.7% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 3.1% | 3.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68463 (Weeping Water, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $232,186 |
| Monthly Rent | $918 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.1%). 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 68463
Population: 1,667
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 68463
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
Is Weeping Water, NE a good market for buy-and-hold investors?
Our data puts Weeping Water, NE at 3.0/5 for investability. Home prices of $232K and rents around $918/mo create a solid backdrop for investor activity.
What real estate strategy is ideal for Weeping Water, NE?
For Weeping Water, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Are renters plentiful in Weeping Water, NE?
Working renters make up the core of the Weeping Water, NE tenant base. The pool is reasonable for investors targeting long-term holds.
How high is vacancy risk in Weeping Water, NE?
Vacancy risk in Weeping Water, NE is elevated. That supports reliable cash flow for typical rental holds.
Is Weeping Water, NE landlord-friendly?
NE law landlord-friendly for landlords, and Weeping Water inherits those rules. Investors should still review local ordinances for rental licensing.
You know 68463 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68463 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.
How 68463 ranks in Omaha-Council Bluffs, NE-IA
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