Real Estate Investing in Loomis, Nebraska (68958)

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

Phelps County • Population: 589 • Data updated: September 2026

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Should you buy in 68958 (Loomis, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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
CLEAN

No major risk flags on the data we track.

• 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 Loomis, NE (68958)?

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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 $240,112
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $64,583
% Renters 24.8%

Market Analysis: 68958 Loomis

ZIP 68958 in Loomis, NE carries a durable set of headwinds. Home values near $240K and rents of $864/mo sit inside a market where underwriting has to be tight.

The investment case in 68958 is durable only for operators who understand what they are buying. A $240K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In the broader NE picture, 68958 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 68958 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategically, 68958 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.

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 Loomis:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+4.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$252K$237K$223K$209K$194K$180KFeb 2021Nov 2023Jul 2026

📊 How Does 68958 Compare?

Metric 68958 Loomis Nebraska
Home Value $240,112 $240,112 $269,423
5-Year CAGR 4.6% 4.6% 6.7%
Avg Rent $864 $864 -
Cap Rate 2.8% 2.8% -
💡 Why Invest in 68958? 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 68958 (Loomis, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+4.6%
Moderate

📊 Market Snapshot

Home Value $240,112
Monthly Rent $864
Price-to-Rent 23.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 7.4%

📈 Home Appreciation

1-Year +4.1% ▲
3-Year CAGR +3.8% ▲
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
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68958

Population: 589

💰 Median Household Income
$64,583
This area
$64,583
State
$70,851
USA
$74,580
🏠 Renter Occupied
24.8%
This area
24.8%
State
22.7%
USA
34.0%
💼 Unemployment Rate
1.4%
This area
1.4%
State
-5.2%
USA
3.7%
🎓 College Educated
29.3%
This area
29.3%
State
15.7%
USA
33.7%
👤 Median Age
36.6 years
This area
36.6 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
4.2%
This area
4.2%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 97.6%
Hispanic/Latino 2.4%
Other/Mixed 2.4%
👶 Under 18
34.0%
This area
34.0%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
0.6%
This area
0.6%
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 68958

A Avg School Grade
2 Schools
11.9:1 Avg Class Size
$17,278 Avg Per Pupil

Schools in This ZIP Code

A Very Good

LOOMIS SECONDARY SCHOOL

📚 07 – 12 High School
👥
123 Students
👨‍🏫
9.0:1 Class Size
💰
$17,278 Per Student
A Very Good

LOOMIS ELEMENTARY SCHOOL

📚 Pre-K – 06 School
👥
154 Students
👨‍🏫
14.8:1 Class Size
💰
$17,278 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

How expensive is real estate in Loomis, NE?

Median home price in Loomis, NE is near $240K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

Which investment style suits Loomis, NE?

Investors usually favor careful cash-flow rentals with hands-on management in Loomis, NE. With home values at $240K and rents near $864/mo, other strategies can work but produce even-keeled rather than outsized returns.

Are renters plentiful in Loomis, NE?

Loomis, NE draws a stable base of working renters. Demand at the $864/mo rent level is reasonable for standard single-family and small multi rentals.

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

House hacking in Loomis, NE is a challenging. With home values around $240K and rents at $864/mo, owner-occupants can offset a meaningful share of PITI.

Is Loomis, NE a good place for real estate investing?

Loomis, NE reflects an investability rating of 3.0/5, with median home values near $240K and average rents around $864/mo. That combination puts it in the healthy tier for investor interest.

You know 68958 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 68958 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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