Real Estate Investing in Silver Creek, Nebraska (68663)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68663 (Silver Creek, 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: 12.1% of homes vacant — above national norms.
- 1-year downturn: Values declined 7.5% in the last year.
• 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 Silver Creek, NE (68663)?
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Market Analysis: 68663 Silver Creek
The 68663 ZIP in Silver Creek, NE is a local-operator market. Outside capital chasing a $191K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 68663 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Stepping back, 68663 offers a low basis, the region around Silver Creek has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 68663 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 68663 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 Silver Creek:
Market Trends
Home Value History (with trend line)
📊 How Does 68663 Compare?
| Metric | 68663 | Silver Creek | Grand Island, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $190,562 | $190,562 | N/A | $269,423 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 6.7% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68663 (Silver Creek, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $190,562 |
| Monthly Rent | $954 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | -7.5% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (3.9%). 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 68663
Population: 734
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
Frequently Asked Questions
Should investors worry about vacancy in Silver Creek, NE?
Silver Creek, NE sees elevated vacancy, which is reasonable relative to the broader NE rental market.
How do experienced investors play Silver Creek, NE?
The best-fit strategy in Silver Creek, NE is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How strong are rents in Silver Creek, NE?
Investors in Silver Creek, NE typically see rents near $954/mo per month against $191K home values - a solid setup for rental cash flow.
Is NE a landlord-friendly state?
The landlord environment in Silver Creek, NE is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Where do home prices stand in Silver Creek, NE?
Silver Creek, NE median home values land near $191K. That is reasonable territory for investors looking at $954/mo-per-month rentals.
You know 68663 now. You don’t know where it ranks.
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How 68663 ranks in Grand Island, NE
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