Real Estate Investing in Scottsbluff, Nebraska (69361)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 69361 (Scottsbluff, 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.
No major risk flags on the data we track.
What’s happening in Scottsbluff, NE (69361)?
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Market Analysis: 69361 Scottsbluff
ZIP 69361 in Scottsbluff, NE carries a substantial set of headwinds. Home values near $188K and rents of $900/mo sit inside a market where underwriting has to be tight.
The investment case in 69361 is healthy only for operators who understand what they are buying. A $188K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 69361 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 69361 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.
Strategically, 69361 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 Scottsbluff:
Property Strategy for 69361
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $87,936 | $780 | 6.4% | +6.8% | $87,936 |
| 2BR | $133,465 | $1,020 | 5.5% | +6.9% | $66,733 |
| 3BR | $199,216 | $1,360 | 4.9% | +6.8% | $66,405 |
| 4BR | $237,920 | $1,440 | 4.4% | +6.5% | $59,480 |
| 5BR | $318,532 | — | — | +6.7% | $63,706 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 69361 Compare?
| Metric | 69361 | Scottsbluff | Scottsbluff, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $188,478 | $188,478 | N/A | $269,423 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 6.7% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 69361 (Scottsbluff, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $188,478 |
| Monthly Rent | $900 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (3.7%). 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 69361
Population: 16,965
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 69361
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 kind of vacancy should I budget for in Scottsbluff, NE?
Rental vacancy in Scottsbluff, NE is elevated. Investors should budget normal turnover but not chronic empty units.
What is the investability score for Scottsbluff, NE?
The 3.0/5 investability rating in Scottsbluff, NE reflects its $188K prices and $900/mo rents. Investors generally consider it a solid option within NE.
Where do home prices stand in Scottsbluff, NE?
Typical homes in Scottsbluff, NE go for around $188K. The 5-year CAGR of 0.0% reliable price movement.
Are landlord laws favorable in Scottsbluff, NE?
For rental operators, Scottsbluff, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Does house hacking work in Scottsbluff, NE?
The a challenging house-hack environment in Scottsbluff, NE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
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How 69361 ranks in Scottsbluff, NE
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