Real Estate Investing in Harvard, Nebraska (68944)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68944 (Harvard, NE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Harvard, NE (68944)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68944 Harvard
The 68944 ZIP covers a section of Harvard that demands careful diligence. Prices near $138K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 68944 can be a a solid fit for hunting ground — but the discount at $138K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 68944 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 68944 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 68944 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Harvard:
Property Strategy for 68944
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $103,836 | $960 | 6.7% | +10.3% | $51,918 |
| 3BR | $158,160 | $1,160 | 5.3% | +9.9% | $52,720 |
Market Trends
Home Value History (with trend line)
📊 How Does 68944 Compare?
| Metric | 68944 | Harvard | Nebraska |
|---|---|---|---|
| Home Value | $137,817 | $137,817 | $269,423 |
| 5-Year CAGR | 8.4% | 8.4% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 4.9% | 4.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68944 (Harvard, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,817 |
| Monthly Rent | $864 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 13.3% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (4.9%). 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 68944
Population: 1,230
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 68944
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 homes affordable in Harvard, NE?
Harvard, NE median home values land near $138K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
Is Harvard, NE good for landlords?
For rental operators, Harvard, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How qualified is the tenant pool in Harvard, NE?
Expect a solid tenant pool in Harvard, NE. The rental market absorbs $864/mo rents without meaningful friction.
Does house hacking work in Harvard, NE?
House hacking works a challenging in Harvard, NE. Rents of $864/mo against $138K acquisition make the strategy solid for owner-occupants.
How does Harvard, NE stack up for property investment?
Harvard, NE records an investability rating of 3.0/5, with median home values near $138K and average rents around $864/mo. That combination puts it in the healthy tier for investor interest.
You know 68944 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68944 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.
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