Real Estate Investing in Potter, Nebraska (69156)
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Should you buy in 69156 (Potter, 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: 13.9% 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 Potter, NE (69156)?
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Market Analysis: 69156 Potter
The 69156 ZIP in Potter, NE is a local-operator market. Outside capital chasing a $197K entry has to pair deep knowledge with the discount.
The 69156 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
From a cash-flow lens, 69156 offers a low basis, the region around Potter has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Looking more closely, 622 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.
The 69156 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Potter:
Market Trends
Home Value History (with trend line)
📊 How Does 69156 Compare?
| Metric | 69156 | Potter | Scottsbluff, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $196,797 | $196,797 | N/A | $269,423 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.7% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 69156 (Potter, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $196,797 |
| Monthly Rent | $945 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 (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 69156
Population: 622
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 69156
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 does Potter, NE rate as a rental market?
Potter, NE scores 3.0/5 for investability. Home values sit at $197K and rents near $945/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are rents high in Potter, NE?
Rents in Potter, NE run near $945/mo. Compared with median home prices of $197K that produces solid gross yields for typical rentals.
Is housing expensive in Potter, NE?
Potter, NE home values average about $197K. That price point suits investors targeting rentals with $945/mo in monthly income.
What kind of tenants rent in Potter, NE?
Tenant quality in Potter, NE ranks as solid. Landlords generally report measured occupancy at market rents of $945/mo.
Do rentals sit vacant long in Potter, NE?
Expect elevated vacancy in Potter, NE. Rents at $945/mo are absorbed by the tenant base without meaningful lag.
You know 69156 now. You don’t know where it ranks.
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How 69156 ranks in Scottsbluff, NE
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