Real Estate Investing in Hildreth, Nebraska (68947)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68947 (Hildreth, NE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.8% 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 Hildreth, NE (68947)?
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Market Analysis: 68947 Hildreth
ZIP 68947 inside Franklin County looks affordable on the surface — median value of $197K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 68947 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In practical terms, 68947 offers a low basis, the region around Hildreth has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 68947 ZIP's population of 681 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
leans 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 Hildreth:
Market Trends
Home Value History (with trend line)
📊 How Does 68947 Compare?
| Metric | 68947 | Hildreth | Kearney, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $196,999 | $196,999 | N/A | $269,423 |
| 5-Year CAGR | 10.1% | 10.1% | N/A | 6.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68947 (Hildreth, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $196,999 |
| Monthly Rent | $864 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 13.5% |
📈 Home Appreciation
| 1-Year | +15.2% ▲ |
| 3-Year CAGR | +9.6% ▲ |
| 5-Year CAGR | +10.1% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (3.4%). 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 68947
Population: 681
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 68947
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
Do landlords face vacancy issues in Hildreth, NE?
Rental vacancy in Hildreth, NE is elevated. Investors should budget normal turnover but not chronic empty units.
How qualified is the tenant pool in Hildreth, NE?
The tenant pool in Hildreth, NE is solid, supported by local employment and population fundamentals. Rents of $864/mo are well-absorbed by the market.
How expensive is real estate in Hildreth, NE?
The median home value in Hildreth, NE is roughly $197K. That puts it reasonable relative to the NE statewide average.
Is Hildreth, NE a good market for FHA house hackers?
Hildreth, NE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $864/mo rent level.
What real estate strategy is ideal for Hildreth, NE?
For Hildreth, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 68947 now. You don’t know where it ranks.
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How 68947 ranks in Kearney, NE
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