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

Springfield, NE has a median modeled monthly cash flow of $-2,060 and a median cap rate of 1.3%, on a median sold price of $438,500. Prices changed +10.7% year over year.

What is the average cap rate in Springfield, NE?

The median cap rate across recently sold homes in Springfield, NE is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Springfield, NE?

The median sold price in Springfield, NE is $438,500 (about $196 per square foot).

Investing in Springfield, NE Real Estate

A data-driven snapshot of the Springfield, 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.

$438,500Median sold price

$196Median $/sqft

1.3%Median cap rate

$-2,060Modeled cash flow / mo

+10.7%Appreciation YoY

6.6Months of supply

23Active listings

42Sold (last 12 mo)

What the Springfield numbers say

In Springfield, NE, the median home sold for $438,500 (about $196 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-2,060 of monthly cash flow. Sold prices moved +10.7% over the past year. Inventory sits at about 6.6 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 Springfield cash-flowing listings

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