Real Estate Investing in Big Springs, Nebraska (69122)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 69122 (Big Springs, 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.
- High vacancy: 14.0% 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 Big Springs, NE (69122)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 69122 Big Springs
This part of Deuel County is not an easy win. The 69122 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $194K asset, 69122 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 69122 sits on the difficult end of the NE spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 69122 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Big Springs's stable or hybrid ZIPs before stepping into 69122. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Big Springs:
Property Strategy for 69122
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $122,362 | $1,020 | 6.0% | +7.7% | $61,181 |
| 3BR | $218,436 | $1,350 | 4.4% | +8.3% | $72,812 |
Market Trends
Home Value History (with trend line)
📊 How Does 69122 Compare?
| Metric | 69122 | Big Springs | Nebraska |
|---|---|---|---|
| Home Value | $194,176 | $194,176 | $269,423 |
| 5-Year CAGR | 7.8% | 7.8% | 6.7% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 3.7% | 3.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 69122 (Big Springs, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $194,176 |
| Monthly Rent | $918 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 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 (3.7%). 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 69122
Population: 669
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 69122
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
Is Big Springs, NE a good market for buy-and-hold investors?
Our data puts Big Springs, NE at 3.0/5 for investability. Home prices of $194K and rents around $918/mo create a solid backdrop for investor activity.
What is the best play in Big Springs, NE?
For Big Springs, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the average monthly rent in Big Springs, NE?
Rent in Big Springs, NE is around $918/mo. The resulting rent-to-value relationship with $194K pricing is reasonable for most investor models.
Do rentals sit vacant long in Big Springs, NE?
Expect elevated vacancy in Big Springs, NE. Rents at $918/mo are absorbed by the tenant base without meaningful lag.
Where do home prices stand in Big Springs, NE?
Big Springs, NE median home values land near $194K. That is reasonable territory for investors looking at $918/mo-per-month rentals.
You know 69122 now. You don’t know where it ranks.
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Community Ratings
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