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

North Platte, NE has a median modeled monthly cash flow of $-943 and a median cap rate of 2.5%, on a median sold price of $211,000. Prices changed +6.7% year over year.

What is the average cap rate in North Platte, NE?

The median cap rate across recently sold homes in North Platte, NE is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Platte, NE?

The median sold price in North Platte, NE is $211,000 (about $135 per square foot).

Investing in North Platte, NE Real Estate

A data-driven snapshot of the North Platte, 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.

$211,000Median sold price

$135Median $/sqft

2.5%Median cap rate

$-943Modeled cash flow / mo

+6.7%Appreciation YoY

5.8Months of supply

172Active listings

356Sold (last 12 mo)

What the North Platte numbers say

In North Platte, NE, the median home sold for $211,000 (about $135 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-943 of monthly cash flow. Sold prices moved +6.7% over the past year. Inventory sits at about 5.8 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 North Platte cash-flowing listings

CashFlowRE ranks every for-sale home in North Platte, 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 North Platte deals, or browse the national market data.