Real Estate Investing in Overton, Nebraska (68863)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68863 (Overton, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Overton, NE (68863)?
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Market Analysis: 68863 Overton
ZIP 68863 in Overton, NE carries a durable set of headwinds. Home values near $213K and rents of $864/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 68863 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 68863 and stronger Overton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 68863 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 68863 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 Overton:
Property Strategy for 68863
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $141,004 | $960 | 4.9% | +9.3% | $70,502 |
| 3BR | $232,073 | $1,220 | 3.8% | +8.9% | $77,358 |
Market Trends
Home Value History (with trend line)
📊 How Does 68863 Compare?
| Metric | 68863 | Overton | Lexington, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $213,054 | $213,054 | N/A | $269,423 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 68863 (Overton, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $213,054 |
| Monthly Rent | $864 |
| Price-to-Rent | 20.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (3.2%). 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 68863
Population: 1,222
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 68863
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
Which investment style suits Overton, NE?
Investors usually favor careful cash-flow rentals with hands-on management in Overton, NE. With home values at $213K and rents near $864/mo, other strategies can work but produce stable rather than outsized returns.
Is Overton, NE landlord-friendly?
NE ranks as a landlord-friendly state for landlord-tenant law. Overton generally follows the statewide framework, so landlords face reasonable operating rules.
How much do tenants pay in Overton, NE?
Rent in Overton, NE is around $864/mo. The resulting rent-to-value relationship with $213K pricing is reasonable for most investor models.
Is Overton, NE a good market for buy-and-hold investors?
Our data puts Overton, NE at 3.0/5 for investability. Home prices of $213K and rents around $864/mo create a solid backdrop for investor activity.
How qualified is the tenant pool in Overton, NE?
Expect a solid tenant pool in Overton, NE. The rental market absorbs $864/mo rents without meaningful friction.
You know 68863 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68863 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 68863 ranks in Lexington, NE
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