Real Estate Investing in Neligh, Nebraska (68756)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68756 (Neligh, 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: 22.3% 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 Neligh, NE (68756)?
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Market Analysis: 68756 Neligh
ZIP 68756 in Neligh, NE carries a durable set of headwinds. Home values near $180K and rents of $981/mo sit inside a market where underwriting has to be tight.
The investment case in 68756 is significant only for operators who understand what they are buying. A $180K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 68756 and stronger Neligh ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 68756 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 68756 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 Neligh:
Property Strategy for 68756
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,858 | $1,090 | 6.6% | +9.0% | $59,429 |
| 3BR | $181,317 | $1,440 | 5.7% | +7.6% | $60,439 |
| 4BR | $176,147 | $1,440 | 5.9% | +6.6% | $44,037 |
Market Trends
Home Value History (with trend line)
📊 How Does 68756 Compare?
| Metric | 68756 | Neligh | Nebraska |
|---|---|---|---|
| Home Value | $179,785 | $179,785 | $269,423 |
| 5-Year CAGR | 5.9% | 5.9% | 6.7% |
| Avg Rent | $981 | $981 | - |
| Cap Rate | 4.3% | 4.3% | - |
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 68756 (Neligh, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $179,785 |
| Monthly Rent | $981 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (4.3%). 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 68756
Population: 1,932
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 68756
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
What is the smart move for investors in Neligh, NE?
Most investors in Neligh, 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.
Does Neligh, NE make sense for an investment property?
The 3.0/5 investability rating in Neligh, NE reflects its $180K prices and $981/mo rents. Investors generally consider it a solid option within NE.
How qualified is the tenant pool in Neligh, NE?
Expect a solid tenant pool in Neligh, NE. The rental market absorbs $981/mo rents without meaningful friction.
Does house hacking work in Neligh, NE?
House hacking works a challenging in Neligh, NE. Rents of $981/mo against $180K acquisition make the strategy solid for owner-occupants.
How much should I expect to pay for a home in Neligh, NE?
Typical homes in Neligh, NE go for around $180K. The 5-year CAGR of 0.0% stable price movement.
You know 68756 now. You don’t know where it ranks.
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