Real Estate Investing in Paxton, Nebraska (69155)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 69155 (Paxton, 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: 14.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.1 — 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 Paxton, NE (69155)?
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Market Analysis: 69155 Paxton
Not every below-median market is a bargain. Paxton's 69155 ZIP posts signals that favor experienced operators who can absorb the risk $271K pricing implies.
Rent of $900/mo on a $271K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 69155 sits below the stated 0.0% once reality is priced in.
ZIP 69155's metrics run below Keith County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 69155 ZIP's population of 1,077 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategy in 69155 is an operator game, not a passive one. Put differently, entry prices of $271K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Paxton:
Property Strategy for 69155
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $175,080 | $1,000 | 4.1% | +8.3% | $87,540 |
| 3BR | $270,896 | $1,230 | 3.3% | +8.0% | $90,299 |
Market Trends
Home Value History (with trend line)
📊 How Does 69155 Compare?
| Metric | 69155 | Paxton | Nebraska |
|---|---|---|---|
| Home Value | $270,983 | $270,983 | $269,423 |
| 5-Year CAGR | 6.6% | 6.6% | 6.7% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 69155 (Paxton, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $270,983 |
| Monthly Rent | $900 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.6%). 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 69155
Population: 1,077
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 69155
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 tight is the rental market in Paxton, NE?
Vacancy risk in Paxton, NE is elevated. That supports even-keeled cash flow for typical rental holds.
How does Paxton, NE rate as a rental market?
Paxton, NE rates 3.0/5 for investability. With median values at $271K and rents near $900/mo, the market offers reasonable fundamentals for rental investors.
Are renters plentiful in Paxton, NE?
Working renters make up the core of the Paxton, NE tenant base. The pool is reasonable for investors targeting long-term holds.
How strict are landlord regulations in Paxton, NE?
Paxton, NE operates under NE law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
What is the typical home price in Paxton, NE?
Homes in Paxton, NE typically sell near $271K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
You know 69155 now. You don’t know where it ranks.
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