Real Estate Investing in Kimball, Nebraska (69145)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 69145 (Kimball, 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: 15.5% 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 Kimball, NE (69145)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 69145 Kimball
ZIP 69145 in Kimball, NE carries a notable set of headwinds. Home values near $172K and rents of $864/mo sit inside a market where underwriting has to be tight.
The investment case in 69145 is durable only for operators who understand what they are buying. A $172K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Kimball have seen price recovery that 69145 has not matched. Kimball County data supports the view that the spread is structural rather than temporary.
Put differently, 2,583 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. durable returns are possible in 69145, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Kimball:
Property Strategy for 69145
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $109,475 | $960 | 6.3% | +10.0% | $54,738 |
| 3BR | $162,496 | $1,280 | 5.7% | +8.5% | $54,165 |
| 4BR | $184,680 | $1,360 | 5.3% | +8.0% | $46,170 |
| 5BR | $194,896 | — | — | +7.7% | $38,979 |
Market Trends
Home Value History (with trend line)
📊 How Does 69145 Compare?
| Metric | 69145 | Kimball | Nebraska |
|---|---|---|---|
| Home Value | $171,809 | $171,809 | $269,423 |
| 5-Year CAGR | 5.9% | 5.9% | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.9% | 3.9% | - |
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 69145 (Kimball, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 69145 (Kimball, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $171,809 |
| Monthly Rent | $864 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (3.9%). 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 69145
Population: 2,583
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 69145
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
Where do home prices stand in Kimball, NE?
Kimball, NE home values average about $172K. That price point suits investors targeting rentals with $864/mo in monthly income.
Does house hacking work in Kimball, NE?
House hacking in Kimball, NE is reasonable to execute. Prices around $172K and rents of $864/mo solid owner-occupant economics.
What is the tenant pool like in Kimball, NE?
Expect a solid tenant pool in Kimball, NE. The rental market absorbs $864/mo rents without meaningful friction.
Should investors worry about vacancy in Kimball, NE?
Vacancy in Kimball, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.
Is Kimball, NE a friendly market for rental owners?
Kimball, NE falls under NE landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 69145 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 69145 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.
AI Market Advisor
Ask questions about investing in 69145 (Kimball)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 69145 (Kimball, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.