Real Estate Investing in Orchard, Nebraska (68764)

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

Antelope County • Population: 748 • Data updated: September 2026

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Should you buy in 68764 (Orchard, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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 vacancy: 24.5% of homes vacant — above national norms.

• 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 Orchard, NE (68764)?

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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 $231,828
Avg Monthly Rent $891
1% Rule ✗ Does Not Meet
Median Income $66,250
% Renters 23.6%

Market Analysis: 68764 Orchard

ZIP 68764 inside Antelope County looks affordable on the surface — median value of $232K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed markets are won on execution, not on spreadsheets. ZIP 68764 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Turning to rents, 68764 offers a low basis, the region around Orchard has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Employment concentration in 68764 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Experienced landlords with local relationships tend to find 68764 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Orchard:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+14.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $891/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.

Market Trends

Home Value History (with trend line)

$255K$225K$194K$163K$132K$102KFeb 2016May 2021Jul 2026

📊 How Does 68764 Compare?

Metric 68764 Orchard Nebraska
Home Value $231,828 $231,828 $269,423
5-Year CAGR 5.2% 5.2% 6.7%
Avg Rent $891 $891 -
Cap Rate 3.0% 3.0% -
💡 Why Invest in 68764? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68764 (Orchard, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+5.2%
Moderate

📊 Market Snapshot

Home Value $231,828
Monthly Rent $891
Price-to-Rent 21.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +14.2% ▲
3-Year CAGR +4.4% ▲
5-Year CAGR +5.2% ▲
10-Year CAGR +7.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
24.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.2%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68764

Population: 748

💰 Median Household Income
$66,250
This area
$66,250
State
$70,851
USA
$74,580
🏠 Renter Occupied
23.6%
This area
23.6%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.7%
This area
0.7%
State
-5.2%
USA
3.7%
🎓 College Educated
19.4%
This area
19.4%
State
15.7%
USA
33.7%
👤 Median Age
40.7 years
This area
40.7 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
24.5%
This area
24.5%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 97.5%
Other/Mixed 2.4%
Hispanic/Latino 0.8%
Black/African American 0.1%
👶 Under 18
27.5%
This area
27.5%
USA
22.0%
👴 65 and Over
22.2%
This area
22.2%
USA
17.3%
📊 Poverty Rate
13.2%
This area
13.2%
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

Frequently Asked Questions

How expensive is real estate in Orchard, NE?

Median home price in Orchard, NE is near $232K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

What is the smart move for investors in Orchard, NE?

Most investors in Orchard, 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.

Is Orchard, NE good for landlords?

Orchard, NE falls under NE landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Is Orchard, NE good for house hacking?

House hacking in Orchard, NE is a challenging. With home values around $232K and rents at $891/mo, owner-occupants can offset a meaningful share of PITI.

What is the average monthly rent in Orchard, NE?

Rent in Orchard, NE is around $891/mo. The resulting rent-to-value relationship with $232K pricing is reasonable for most investor models.

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