Is Norfolk, NE a good place to invest in rental property?

Norfolk, NE has a median modeled monthly cash flow of $-798 and a median cap rate of 3.2%, on a median sold price of $270,000. Prices changed +2.3% year over year.

What is the average cap rate in Norfolk, NE?

The median cap rate across recently sold homes in Norfolk, NE is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Norfolk, NE?

The median sold price in Norfolk, NE is $270,000 (about $136 per square foot).

Investing in Norfolk, NE Real Estate

A data-driven snapshot of the Norfolk, NE rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$270,000Median sold price

$136Median $/sqft

3.2%Median cap rate

$-798Modeled cash flow / mo

+2.3%Appreciation YoY

6.1Months of supply

160Active listings

315Sold (last 12 mo)

What the Norfolk numbers say

In Norfolk, NE, the median home sold for $270,000 (about $136 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-798 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 6.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Nebraska markets to compare

See Norfolk cash-flowing listings

CashFlowRE ranks every for-sale home in Norfolk, NE by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Norfolk deals, or browse the national market data.