Real Estate Investing in Bertrand, Nebraska (68927)

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

Phelps County • Population: 1,129 • Data updated: September 2026

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Should you buy in 68927 (Bertrand, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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: 13.3% 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 Bertrand, NE (68927)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $224,669
Avg Monthly Rent $1,044
1% Rule ✗ Does Not Meet
Median Income $65,556
% Renters 17.9%

Market Analysis: 68927 Bertrand

Put differently, ZIP 68927 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $225K median. It rewards specialists, not generalists.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $225K asset, 68927 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 68927 and stronger Bertrand ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The 68927 ZIP's population of 1,129 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.

trends toward 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.

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 Bertrand:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+4.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,044/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Lexington, NE Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Lexington, NE metro data

Market Trends

Home Value History (with trend line)

$234K$223K$212K$202K$191K$180KFeb 2021Nov 2023Jul 2026

📊 How Does 68927 Compare?

Metric 68927 Bertrand Lexington, NE Nebraska
Home Value $224,669 $224,669 N/A $269,423
5-Year CAGR 3.6% 3.6% N/A 6.7%
Avg Rent $1,044 $1,044 N/A -
Cap Rate 3.6% 3.6% - -
💡 Why Invest in 68927? 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 68927 (Bertrand, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+3.6%
Moderate

📉 Market Crash Risk Index

Based on Lexington, NE metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $224,669
Monthly Rent $1,044
Price-to-Rent 17.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.6%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +4.8% ▲
3-Year CAGR +2.5% ▲
5-Year CAGR +3.6% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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.

Vacancy
13.3%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68927

Population: 1,129

💰 Median Household Income
$65,556
This area
$65,556
State
$70,851
USA
$74,580
🏠 Renter Occupied
17.9%
This area
17.9%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-5.2%
USA
3.7%
🎓 College Educated
23.5%
This area
23.5%
State
15.7%
USA
33.7%
👤 Median Age
45.8 years
This area
45.8 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
13.3%
This area
13.3%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 96.6%
Other/Mixed 3.1%
Hispanic/Latino 1.4%
Black/African American 0.4%
👶 Under 18
25.9%
This area
25.9%
USA
22.0%
👴 65 and Over
22.4%
This area
22.4%
USA
17.3%
📊 Poverty Rate
16.7%
This area
16.7%
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

🎓 Schools in 68927

A Avg School Grade
2 Schools
10.3:1 Avg Class Size
$19,653 Avg Per Pupil

Schools in This ZIP Code

A Very Good

BERTRAND ELEMENTARY SCHOOL

📚 Pre-K – 06 School
👥
127 Students
👨‍🏫
11.0:1 Class Size
💰
$19,653 Per Student
A Very Good

BERTRAND HIGH SCHOOL

📚 07 – 12 High School
👥
114 Students
👨‍🏫
9.6:1 Class Size
💰
$19,653 Per Student
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

Should investors worry about vacancy in Bertrand, NE?

Vacancy in Bertrand, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,044/mo.

What is the tenant pool like in Bertrand, NE?

Expect a solid tenant pool in Bertrand, NE. The rental market absorbs $1,044/mo rents without meaningful friction.

Is real estate in Bertrand, NE a good investment right now?

Bertrand, NE rates 3.0/5 for investability. With median values at $225K and rents near $1,044/mo, the market offers reasonable fundamentals for rental investors.

Can I live-in-and-rent in Bertrand, NE?

House hacking in Bertrand, NE is a challenging. With home values around $225K and rents at $1,044/mo, owner-occupants can offset a meaningful share of PITI.

How strong are rents in Bertrand, NE?

The typical rental in Bertrand, NE commands about $1,044/mo monthly. That rent profile even-keeled cash flow against the $225K purchase basis.

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How 68927 ranks in Lexington, NE

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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