Real Estate Investing in Bloomfield, Nebraska (68718)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68718 (Bloomfield, 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.
- High vacancy: 14.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bloomfield, NE (68718)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68718 Bloomfield
ZIP 68718 in Bloomfield, NE carries a impressive set of headwinds. Home values near $166K and rents of $972/mo sit inside a market where underwriting has to be tight.
Rent of $972/mo on a $166K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68718 sits below the stated 0.0% once reality is priced in.
Within NE, ZIP 68718 trails on several market indicators that neighboring Knox submarkets outperform. The gap is real and durable enough to shape underwriting.
Who lives in 68718 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 68718 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Bloomfield:
Market Trends
Home Value History (with trend line)
📊 How Does 68718 Compare?
| Metric | 68718 | Bloomfield | Nebraska |
|---|---|---|---|
| Home Value | $166,195 | $166,195 | $269,423 |
| 5-Year CAGR | 5.8% | 5.8% | 6.7% |
| Avg Rent | $972 | $972 | - |
| Cap Rate | 4.6% | 4.6% | - |
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 68718 (Bloomfield, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68718 (Bloomfield, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $166,195 |
| Monthly Rent | $972 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +16.1% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 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 (4.6%). 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 68718
Population: 1,691
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 68718
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 house hacking profitable in Bloomfield, NE?
House hacking works a challenging in Bloomfield, NE. Rents of $972/mo against $166K acquisition make the strategy solid for owner-occupants.
What is the typical vacancy rate in Bloomfield, NE?
Bloomfield, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the median home value in Bloomfield, NE?
Typical homes in Bloomfield, NE go for around $166K. The 5-year CAGR of 0.0% consistent price movement.
How strong are rents in Bloomfield, NE?
The typical rental in Bloomfield, NE commands about $972/mo monthly. That rent profile stable cash flow against the $166K purchase basis.
Is rental property easy to operate in Bloomfield, NE?
Landlord-friendliness in Bloomfield, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 68718 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68718 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.
AI Market Advisor
Ask questions about investing in 68718 (Bloomfield)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68718 (Bloomfield, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.