Real Estate Investing in Pleasant Dale, Nebraska (68423)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Seward County • Population: 739 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 68423 (Pleasant Dale, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 45.8 — 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 Pleasant Dale, NE (68423)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $504,127
Avg Monthly Rent $918
1% Rule ✗ Does Not Meet
Median Income $99,375
% Renters 11.5%

Market Analysis: 68423 Pleasant Dale

ZIP 68423 in Pleasant Dale, NE carries a sturdy set of headwinds. Home values near $504K and rents of $918/mo sit inside a market where underwriting has to be tight.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 68423 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 68423 sits on the difficult end of the NE spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 68423 includes headwinds that any investor should price in. Income distribution skews lower than Pleasant Dale averages, and tenant stability requires active management.

Distressed ZIPs reward experience. durable returns are possible in 68423, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Pleasant Dale:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Rising (+8.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $918/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Lincoln, NE Metro Area
Even conditions for buyers and sellers
31 days
Average time to sell
Average
12.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Lincoln, NE metro data

Market Trends

Home Value History (with trend line)

$529K$456K$383K$309K$236K$163KJul 2006Jul 2016Jul 2026

📊 How Does 68423 Compare?

Metric 68423 Pleasant Dale Lincoln, NE Nebraska
Home Value $504,127 $504,127 N/A $269,423
5-Year CAGR 6.7% 6.7% N/A 6.7%
Avg Rent $918 $918 N/A -
Cap Rate 1.4% 1.4% - -
💡 Why Invest in 68423? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68423 (Pleasant Dale, NE). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 68423 (Pleasant Dale, NE)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
1.4%
Low
5yr Growth
+6.7%
Strong

📉 Market Crash Risk Index

Based on Lincoln, NE metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
0/2
31 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $504,127
Monthly Rent $918
Price-to-Rent 45.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.2%
Cap Rate 1.4%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year +8.3% ▲
3-Year CAGR +5.0% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +7.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). 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.

Vacancy
4.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.7%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 68423

Population: 739

💰 Median Household Income
$99,375
This area
$99,375
State
$70,851
USA
$74,580
🏠 Renter Occupied
11.5%
This area
11.5%
State
22.7%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-5.2%
USA
3.7%
🎓 College Educated
25.3%
This area
25.3%
State
15.7%
USA
33.7%
👤 Median Age
49.8 years
This area
49.8 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
4.3%
This area
4.3%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 99.8%
Other/Mixed 0.2%
👶 Under 18
21.7%
This area
21.7%
USA
22.0%
👴 65 and Over
17.1%
This area
17.1%
USA
17.3%
📊 Poverty Rate
4.2%
This area
4.2%
USA
11.5%

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

🎓 Nearby Colleges & Universities

4 Nearby 695 Off-Campus Students
C
Concordia University-Nebraska
3,423 students · 10.7 mi
C
Doane University
1,948 students · 12.3 mi
C+
College of Hair Design-Downtown
72 students · 12.9 mi
B
University of Nebraska-Lincoln
23,986 students · 13.2 mi

Investor Insight: With 695 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Which investment style suits Pleasant Dale, NE?

A careful cash-flow rentals with hands-on management strategy Pleasant Dale, NE best. The market produces steady results for that approach at the $504K price point.

What kind of tenants rent in Pleasant Dale, NE?

Tenant quality in Pleasant Dale, NE ranks as solid. Landlords generally report stable occupancy at market rents of $918/mo.

Does a duplex house hack pencil in Pleasant Dale, NE?

For house hackers, Pleasant Dale, NE is a challenging. The $918/mo rent on a unit helps defray the mortgage on a $504K property.

Is Pleasant Dale, NE a good place for real estate investing?

Yes - Pleasant Dale, NE a 3.0/5 investability score. With $504K home prices against $918/mo monthly rent, the market delivers a reasonable entry point for new investors.

Is rental property easy to operate in Pleasant Dale, NE?

Landlord-friendliness in Pleasant Dale, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

You know 68423 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 68423 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.

Compare Plans

How 68423 ranks in Lincoln, NE

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 68423 (Pleasant Dale)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 68423 (Pleasant Dale, NE).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.