Real Estate Investing in Ravenna, Nebraska (68869)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68869 (Ravenna, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.4% 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 Ravenna, NE (68869)?
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Market Analysis: 68869 Ravenna
In practical terms, ZIP 68869 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $229K median. It rewards specialists, not generalists.
The investment case in 68869 is robust only for operators who understand what they are buying. A $229K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Ravenna have seen price recovery that 68869 has not matched. Buffalo County data supports the view that the spread is structural rather than temporary.
Employment concentration in 68869 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Ravenna:
Market Trends
Home Value History (with trend line)
📊 How Does 68869 Compare?
| Metric | 68869 | Ravenna | Kearney, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $229,287 | $229,287 | N/A | $269,423 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.7% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68869 (Ravenna, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $229,287 |
| Monthly Rent | $918 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +12.8% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 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 (3.1%). 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 68869
Population: 2,158
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 68869
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
Are tenants stable in Ravenna, NE?
Working renters make up the core of the Ravenna, NE tenant base. The pool is reasonable for investors targeting long-term holds.
What is the best play in Ravenna, NE?
Ravenna, NE investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($229K prices, $918/mo rents) make it a reasonable choice.
What is the average home sale price in Ravenna, NE?
Expect median prices around $229K in Ravenna, NE. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Does house hacking work in Ravenna, NE?
House hacking in Ravenna, NE is reasonable to execute. Prices around $229K and rents of $918/mo solid owner-occupant economics.
Is NE a landlord-friendly state?
The landlord environment in Ravenna, NE is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 68869 now. You don’t know where it ranks.
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How 68869 ranks in Kearney, NE
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