Real Estate Investing in Chappell, Nebraska (69129)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 69129 (Chappell, 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.
- High vacancy: 20.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Chappell, NE (69129)?
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Market Analysis: 69129 Chappell
The 69129 ZIP covers a section of Chappell that demands careful diligence. Prices near $177K look accessible, but the work to make a deal cash flow is real.
The 69129 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 69129 sits on the difficult end of the NE spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
A healthy renter share of 12% in 69129 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 69129 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 Chappell:
Property Strategy for 69129
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $125,647 | $960 | 5.5% | +5.7% | $62,824 |
| 3BR | $215,221 | $1,270 | 4.2% | +8.2% | $71,740 |
Market Trends
Home Value History (with trend line)
📊 How Does 69129 Compare?
| Metric | 69129 | Chappell | Nebraska |
|---|---|---|---|
| Home Value | $176,815 | $176,815 | $269,423 |
| 5-Year CAGR | 5.2% | 5.2% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.8% | 3.8% | - |
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 69129 (Chappell, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $176,815 |
| Monthly Rent | $864 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 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 (3.8%). 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 69129
Population: 1,241
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 69129
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
How strong is Chappell, NE for real estate investors?
Chappell, NE rates 3.0/5 for investability. With median values at $177K and rents near $864/mo, the market offers reasonable fundamentals for rental investors.
What is it like being a landlord in Chappell, NE?
NE ranks as a landlord-friendly state for landlord-tenant law. Chappell generally follows the statewide framework, so landlords face reasonable operating rules.
Are rents high in Chappell, NE?
Chappell, NE rentals go for roughly $864/mo a month. That puts gross yield in solid territory relative to $177K acquisition costs.
What is the typical vacancy rate in Chappell, NE?
Chappell, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is house hacking profitable in Chappell, NE?
House hacking in Chappell, NE is reasonable to execute. Prices around $177K and rents of $864/mo solid owner-occupant economics.
You know 69129 now. You don’t know where it ranks.
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Community Ratings
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