Real Estate Investing in Cairo, Nebraska (68824)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68824 (Cairo, NE)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 25.2 — 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 Cairo, NE (68824)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68824 Cairo
ZIP 68824 inside Hall County looks affordable on the surface — median value of $294K — but the discount exists for reasons that a careful buyer should understand before committing.
The 68824 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within NE, ZIP 68824 trails on several market indicators that neighboring Hall County submarkets outperform. The gap is real and robust enough to shape underwriting.
The demographic picture in 68824 includes headwinds that any investor should price in. Income distribution skews lower than Cairo averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 68824 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Cairo:
Property Strategy for 68824
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $221,232 | $1,080 | 3.5% | +8.5% | $110,616 |
| 3BR | $311,976 | $1,360 | 3.1% | +7.3% | $103,992 |
Market Trends
Home Value History (with trend line)
📊 How Does 68824 Compare?
| Metric | 68824 | Cairo | Grand Island, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $293,883 | $293,883 | N/A | $269,423 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.7% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 68824 (Cairo, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68824 (Cairo, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $293,883 |
| Monthly Rent | $972 |
| Price-to-Rent | 25.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.6%). 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 68824
Population: 1,585
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 68824
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 1,674 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Cairo, NE?
The typical rental in Cairo, NE commands about $972/mo monthly. That rent profile predictable cash flow against the $294K purchase basis.
Which real estate strategy fits Cairo, NE?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cairo, NE. The numbers - $294K homes against $972/mo rents - support that play.
Is Cairo, NE a good market for buy-and-hold investors?
Investors tracking Cairo, NE will find a 3.0/5 rating supported by $294K median home values and $972/mo rents. That profile suits long-term holders targeting reliable returns.
How deep is the rental pool in Cairo, NE?
The tenant pool in Cairo, NE is solid, supported by local employment and population fundamentals. Rents of $972/mo are well-absorbed by the market.
What are home prices like in Cairo, NE?
The median home value in Cairo, NE is roughly $294K. That puts it reasonable relative to the NE statewide average.
You know 68824 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68824 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 68824 ranks in Grand Island, NE
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 68824 (Cairo)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68824 (Cairo, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.