Real Estate Investing in Callaway, Nebraska (68825)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68825 (Callaway, NE)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 11.4% vacancy may signal weakening demand.
• 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 Callaway, NE (68825)?
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Market Analysis: 68825 Callaway
ZIP 68825 in Callaway, NE carries a robust set of headwinds. Home values near $203K and rents of $864/mo sit inside a market where underwriting has to be tight.
The 68825 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In practical terms, 68825 offers a low basis, the region around Callaway has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 68825 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 68825 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 Callaway:
Market Trends
Home Value History (with trend line)
📊 How Does 68825 Compare?
| Metric | 68825 | Callaway | Nebraska |
|---|---|---|---|
| Home Value | $202,968 | $202,968 | $269,423 |
| 5-Year CAGR | N/A | N/A | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68825 (Callaway, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $202,968 |
| Monthly Rent | $864 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (3.3%). 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 68825
Population: 983
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 68825
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
How strong are rents in Callaway, NE?
The typical rental in Callaway, NE commands about $864/mo monthly. That rent profile even-keeled cash flow against the $203K purchase basis.
Is Callaway, NE better for rentals, flips, or BRRRR?
For Callaway, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What are vacancy rates like in Callaway, NE?
Vacancy in Callaway, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.
Are tenants stable in Callaway, NE?
Working renters make up the core of the Callaway, NE tenant base. The pool is reasonable for investors targeting long-term holds.
What is the investability score for Callaway, NE?
Callaway, NE clocks in at an investability rating of 2.0/5, with median home values near $203K and average rents around $864/mo. That combination puts it in the substantial tier for investor interest.
You know 68825 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68825 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.
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