Real Estate Investing in Glenvil, Nebraska (68941)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68941 (Glenvil, 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.
- Elevated vacancy: 11.5% 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 Glenvil, NE (68941)?
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Market Analysis: 68941 Glenvil
The 68941 ZIP in Glenvil, NE is a local-operator market. Outside capital chasing a $246K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 68941 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within NE, ZIP 68941 trails on several market indicators that neighboring Clay County submarkets outperform. The gap is real and resilient enough to shape underwriting.
A solid renter share of 15% in 68941 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 68941 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 Glenvil:
Market Trends
Home Value History (with trend line)
📊 How Does 68941 Compare?
| Metric | 68941 | Glenvil | Hastings, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $246,404 | $246,404 | N/A | $269,423 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68941 (Glenvil, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $246,404 |
| Monthly Rent | $873 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 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 (2.8%). 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 68941
Population: 829
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Glenvil, NE better for rentals, flips, or BRRRR?
For Glenvil, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much rent can I charge in Glenvil, NE?
Glenvil, NE rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $246K acquisition costs.
Is the tenant base reliable in Glenvil, NE?
Tenant demand in Glenvil, NE is solid. The local workforce $873/mo rents across most rental classes.
Do rentals sit vacant long in Glenvil, NE?
Expect elevated vacancy in Glenvil, NE. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
Is rental property easy to operate in Glenvil, NE?
Landlord-friendliness in Glenvil, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 68941 now. You don’t know where it ranks.
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How 68941 ranks in Hastings, NE
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