Real Estate Investing in Hershey, Nebraska (69143)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 69143 (Hershey, 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 price-to-rent: Price-to-rent ratio 27.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hershey, NE (69143)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 69143 Hershey
Investors eyeing 69143 need to respect the fundamentals at play. Home values of $283K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $283K asset, 69143 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader NE picture, 69143 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 69143 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 69143 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Hershey:
Property Strategy for 69143
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $148,935 | $970 | 4.7% | — | $74,468 |
| 3BR | $257,250 | $1,160 | 3.2% | +6.8% | $85,750 |
Market Trends
Home Value History (with trend line)
📊 How Does 69143 Compare?
| Metric | 69143 | Hershey | North Platte, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $282,602 | $282,602 | N/A | $269,423 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
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 69143 (Hershey, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 69143 (Hershey, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $282,602 |
| Monthly Rent | $873 |
| Price-to-Rent | 27.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 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 (2.4%). 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 69143
Population: 1,675
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 69143
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What monthly rent should investors expect in Hershey, NE?
Rental rates in Hershey, NE average $873/mo. Tenant demand and $283K home values make the yield look reasonable by investor standards.
How strong is the working-renter base in Hershey, NE?
The renter base in Hershey, NE is reasonable for the $873/mo price point. Screening well and pricing to market typically yields consistent tenants.
What is the rental occupancy rate in Hershey, NE?
Occupancy in Hershey, NE runs measured with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
How landlord-friendly is Hershey, NE?
Landlord-friendliness in Hershey, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How does Hershey, NE stack up for property investment?
Hershey, NE posts an investability rating of 3.0/5, with median home values near $283K and average rents around $873/mo. That combination puts it in the notable tier for investor interest.
You know 69143 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 69143 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.
How 69143 ranks in North Platte, NE
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 69143 (Hershey)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 69143 (Hershey, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.