315 N 11th St · Geneva, NE 68361

$140,000

4 bd · 2.0 ba · 1,638 sqft · SingleFamily public records · 57 Days on market

Built 1920 0.35 ac lot Est $190k · 26% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +13.1/30.0
• Schools +4.7/10.0
• Livability +4.0/5.0
• DSCR +3.9/10.0
• 1% rule +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Contract Pending Classic 1920s character meets everyday functionality in this 4-bedroom, 2-bath, 1.5-story home. Original woodwork, a pocket door, and stained glass windows set it apart from the start. Wood floors are visible in select rooms, with additional wood flooring believed to be beneath portions of the carpet. The main level includes comfortable living and dining spaces, main-floor laundry, and a three-quarter bath. Upstairs, there are additional bedrooms and a full bath with a clawfoot tub. Exterior improvements include newer siding, windows, added insulation, and roof updates. A detached garage and a spacious in-town lot round out the package. Priced to move as the seller is reloc

Key facts

• 0.35 acre lot
• 2 garage spots
• Built 1920

Property features AI

Exterior

• Parking: Detached garage providing 2 covered parking spaces (2 total)
• Utilities: Public water; Public sewer; Electricity available; Cable available; Fiber optic available
• Home design: Single family residence; One and one half stories; Not new (built in 1920)
• Construction: Vinyl siding; Composition roof; Block and brick/mortar foundation; Year built 1920
• Exterior features: Porch; Deck; Shed(s); Chain link and wood fencing; Paved road access; City lot, level with curb and gutter

Interior

• Kitchen: Ceramic tile floor; Range; Oven; Refrigerator; Dishwasher
• Bedrooms: Master bedroom on main floor with wood flooring, 9'+ ceiling, and ceiling fan; Additional bedrooms on 2nd floor with carpeting, ceiling fans, walk-in closet (one bedroom), bay/bow windows (some bedrooms)
• Flooring: Wood flooring; Carpet; Ceramic tile; Vinyl
• Bathrooms: 2 total bathrooms — 1 full and 1 three-quarter; At least one bathroom on the main level
• Heating & cooling: Electric baseboard heating; Window cooling unit(s)
• Interior features: High ceilings; Ceiling fans; Formal dining room; Unfinished basement
• Laundry & utility: Washer and dryer included; Laundry area with ceramic tile floor

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $-5 ($-57/yr) — negative.
• To cash-flow at today's rent, offer at most $139k (0.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $122k (13.0% below list).
• Recommended offer: $122k (13.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#28 in NE, #1,739 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
• Fillmore Central Public Schools (rural): math 56% / reading 54% proficiency, ranked #41 of 111 in NE (top 37%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Fillmore Central Elementary (math 57% / reading 57%, grade C+, #136 of 502 statewide, top 31%, 271 students, 27% FRL); Fillmore Central Middle School (math 52% / reading 52%, grade C+, #43 of 128 statewide, top 36%, 160 students, 43% FRL); Fillmore Central High School (math 64% / reading 54%, grade C+, #49 of 261 statewide, top 26%, 178 students, 38% FRL).
• Market conditions: 22 active listings in the ZIP; 10 units permitted in Fillmore County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Fillmore County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $25k; list at $140k implies a 460% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $121,869 (13.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.87% ✗
• Cap rate: 6.25%
• Cash-on-cash: -0.15%
• DSCR: 0.99
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $190,008
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
314 N 8 St	0.32mi	4/1.0	1,643 (+0%)	3mo	$165,000	$100	78
331 N 14th St	0.26mi	3/2.0 (-1)	1,512 (-8%)	5mo	$154,000	$102	66
115 S 16th St	0.50mi	3/3.0 (-1)	1,545 (-6%)	9mo	$240,000	$155	51
1126 B St	0.67mi	3/3.0 (-1)	1,520 (-7%)	3mo	$235,000	$155	45
121 S 12th St	0.27mi	3/2.5 (-1)	1,814 (+11%)	24mo	$176,000	$97	42
231 S 12th St	0.38mi	3/3.0 (-1)	1,421 (-13%)	12mo	$165,000	$116	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.5%
• Equity multiple: 0.41×
• Total profit: $-22,970
• Equity at exit: $20,874

10-year hold

• IRR: -8.3%
• Equity multiple: 0.48×
• Total profit: $-20,316
• Equity at exit: $12,105

Cash invested: $39,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Nebraska: 83 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; moderate court pace.

Methodology + full state rankings →

ZIP-level market 68361

• Home prices YoY: -14.9%
• Active inventory: 22
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,219 medium
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $-5

Break-even live

Break-even rent $1,225

Max offer price $139,314

Occupancy floor 95%

Sensitivity live

Price	-10% $92	-5% $44	+0% $-5	+5% $-53	+10% $-101
Rent	-10% $-101	-5% $-53	+0% $-5	+5% $43	+10% $92
Rate	-1.0pp $66	-0.5pp $31	base $-5	+0.5pp $-41	+1.0pp $-78

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-04-29
   status Pending
2. 2026-04-10
   price $140,000
3. 2026-03-25
   price $149,900
4. 2026-02-27
   listed $155,000 New
5. 2008-04-07
   soldstatus $25,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,624
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$1,170
• − Management: −$1,170
• − Depreciation: −$4,073
• Taxable loss: −$2,431
• Est. tax savings @ 24.0%: +$583
• After-tax cash flow: $526/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Fillmore Central Public Schools
• NCES district ID: 3100118
• Math proficiency: 56% ▼ -4.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $47,623
• Composite: 46.72/100
• National rank: #2396
• State rank: #41 of 111 in NE

Livability — Geneva

• Score: 80/100
• State rank: #28
• US rank: #1739

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Geneva, NE
• Population (ZIP): 2,448

Population outlook (Fillmore County) Hauer SSP2

• Today (2025): 5,729 people
• By 2030: 5,696 · -0.6%
• By 2040: 5,561 · -2.9%
• By 2050: 5,412 · -5.5%
• By 2075: 5,437 · -5.1%
• By 2100: 5,373 · -6.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 6% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 3% Italian 2% Iranian 1%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Fillmore

• 2024 margin: Solid R (+54.9) · D 22.0% · R 76.8% · Other 1.2%
• 2008→2024 swing: -22.6pp toward R · 2008: -32.3pp · 2024: -54.9pp
• All cycles: 2024: R+54.9 2020: R+52.9 2016: R+51.8 2012: R+41.8 2008: R+32.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -34.31%
• Current HPI: 195.965
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 0.68%
• F500 in state: 2

Industry mix (Fortune 500 HQ in NE)

Industry	F500 HQs	Revenue
▸Conglomerate	1	$371B

Price history

+460.0% since first listed

5 events — show timeline

• 2026-04-29 Pending — GPRMLS
• 2026-04-10 Price Changed $140,000 GPRMLS
• 2026-03-25 Price Changed $149,900 GPRMLS
• 2026-02-27 Listed $155,000 GPRMLS
• 2008-04-07 Sold (Public Records) $25,000 Public Records

Property tax history

-6.3%/yr

Latest (2018): $222 · -13.4% YoY. Source: county tax records.