Real Estate Investing in Waverly, Nebraska (68462)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68462 (Waverly, NE)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 29.2 — 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 Waverly, NE (68462)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68462 Waverly
Investors eyeing 68462 need to respect the fundamentals at play. Home values of $353K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $353K asset, 68462 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 68462's metrics run below Lancaster County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A impressive renter share of 18% in 68462 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Waverly's stable or hybrid ZIPs before stepping into 68462. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Waverly:
Property Strategy for 68462
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $252,911 | $1,120 | 3.2% | +7.0% | $126,456 |
| 3BR | $318,216 | $1,560 | 3.5% | +6.4% | $106,072 |
| 4BR | $391,994 | $1,680 | 3.1% | +6.1% | $97,999 |
Market Trends
Home Value History (with trend line)
📊 How Does 68462 Compare?
| Metric | 68462 | Waverly | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $352,927 | $352,927 | N/A | $269,423 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.7% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 68462 (Waverly, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68462 (Waverly, NE)?
~25 seconds · no account needed · your report is anonymous
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 | $352,927 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 29.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (2.2%). 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 68462
Population: 4,864
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 68462
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,458 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Waverly, NE for real estate investors?
Waverly, NE rates 3.0/5 for investability. With median values at $353K and rents near $1,008/mo, the market offers reasonable fundamentals for rental investors.
What is the average monthly rent in Waverly, NE?
Expect rents around $1,008/mo per month in Waverly, NE. With home values at $353K, the yield math works out to reasonable levels for rental investors.
What kind of tenants rent in Waverly, NE?
Waverly, NE offers a measured renter base at the $1,008/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the smart move for investors in Waverly, NE?
Most investors in Waverly, NE run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How tight is the rental market in Waverly, NE?
Vacancy risk in Waverly, NE is elevated. That supports steady cash flow for typical rental holds.
You know 68462 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68462 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 68462 ranks in Lincoln, NE
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 68462 (Waverly)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68462 (Waverly, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.