Real Estate Investing in Bladen, Nebraska (68928)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68928 (Bladen, NE)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.8% of homes vacant — above national norms.
• 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 Bladen, NE (68928)?
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Market Analysis: 68928 Bladen
The 68928 ZIP in Bladen, NE is a local-operator market. Outside capital chasing a $161K entry has to pair deep knowledge with the discount.
The investment case in 68928 is impressive only for operators who understand what they are buying. A $161K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NE picture, 68928 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Stepping back, 331 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 68928 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Bladen:
Market Trends
Home Value History (with trend line)
📊 How Does 68928 Compare?
| Metric | 68928 | Bladen | Hastings, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $161,408 | $161,408 | N/A | $269,423 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 6.7% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68928 (Bladen, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $161,408 |
| Monthly Rent | $945 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 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 (4.6%). 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 68928
Population: 331
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 68928
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
What is the tenant pool like in Bladen, NE?
Expect a solid tenant pool in Bladen, NE. The rental market absorbs $945/mo rents without meaningful friction.
Do rentals sit vacant long in Bladen, NE?
Expect elevated vacancy in Bladen, NE. Rents at $945/mo are absorbed by the tenant base without meaningful lag.
Is housing expensive in Bladen, NE?
Bladen, NE median home values land near $161K. That is reasonable territory for investors looking at $945/mo-per-month rentals.
Is rental property easy to operate in Bladen, NE?
The landlord environment in Bladen, NE is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How strong is Bladen, NE for real estate investors?
Bladen, NE scores 3.0/5 for investability. Home values sit at $161K and rents near $945/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 68928 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68928 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 68928 ranks in Hastings, NE
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