513 14th St · Wisner, NE 68791

$174,700

4 bd · 2.0 ba · 2,493 sqft · SingleFamily public records · 35 Days on market

Built 1910 Est $227k · 23% under

---

Why this score? — see what drove the C- 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 +10.5/30.0
• Appreciation +7.4/10.0
• Schools +4.4/10.0
• Livability +3.8/5.0
• DSCR +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0

Listing remarks MLS

New Roof! Large house with beautiful woodwork and historic charm! 4 bed/2 baths with bonus attic space boasting high ceilings and wide open space begging to be finished into a game room or master suite. Pull stools up to the counter for breakfast or dine with family in the kitchen. Enjoy the original wood floors in the living and dining rooms. Outside there is a detached garage and large front porch. House does have a new radon mitigation system and many other unique features. Make it yours, call for an appointment!

Key facts

• Great woodwork
• Adjoining bath room
• Front porch swing

Tags

• WIDE OPEN SPACE
• GREAT WOODWORK
• SLIDING DOORS
• MAIN FLOOR LAUNDRY
• ADJOINING BATH ROOM
• FRONT PORCH SWING

Property features AI

Exterior

• Parking: One-car garage
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residential; Frame construction with vinyl siding
• Construction: Frame construction; Vinyl siding; Asphalt roof
• Exterior features: Patio; Asphalt roof

Interior

• Bedrooms: One main-level bedroom
• Bathrooms: Two main-level bathrooms
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Gas water heater; Water softener; Basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-88 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (8.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $129k (26.1% below list).
• Recommended offer: $129k (26.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 76/100 on livability (#81 in NE, #3,422 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Wisner-Pilger Public Schools (rural): math 51% / reading 52% proficiency, ranked #61 of 111 in NE (top 55%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Wisner-Pilger Elem School (math 57% / reading 57%, grade C+, #136 of 502 statewide, top 31%, 249 students, 53% FRL); Wisner-Pilger High School (math 42% / reading 47%, grade F, #146 of 261 statewide, top 67%, 188 students, 43% FRL) — zoned schools average 48% FRL vs 29% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 40 active listings in the ZIP; 13 units permitted in Cuming County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($1k loan paydown + $8k appreciation (4.8% local appreciation)).
• Cuming County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,158 (26.1% 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 35 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Built in 1910 — 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. 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.
6. 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.
7. 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: 0.74% ✗
• Cap rate: 5.69%
• Cash-on-cash: -2.17%
• DSCR: 0.90
• GRM: 11.3

CMA / ARV

• ARV (on-the-fly): $226,863
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
612 12th St	0.18mi	4/2.0	2,276 (-9%)	4mo	$237,000	$104	74
1717 Avenue H	0.31mi	3/2.0 (-1)	2,404 (-4%)	8mo	$232,000	$97	68
712 12th St	0.23mi	3/3.0 (-1)	2,534 (+2%)	20mo	$174,000	$69	61
916 12th St	0.36mi	3/2.0 (-1)	2,145 (-14%)	4mo	$195,000	$91	52
917 8th St	0.51mi	3/2.0 (-1)	2,680 (+8%)	12mo	$245,000	$91	49

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

Projected returns pro-forma

4.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.6%
• Equity multiple: 1.68×
• Total profit: $33,018
• Equity at exit: $97,318

10-year hold

• IRR: 12.0%
• Equity multiple: 3.15×
• Total profit: $105,394
• Equity at exit: $166,584

Cash invested: $48,916 (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 68791

• Home prices YoY: 1.9%
• Active inventory: 40
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $1,292 medium
• Mortgage (P&I): −$916
• Tax from tax record: −$120 /mo · $1,437/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $-88

Break-even live

Break-even rent $1,403

Max offer price $159,097

Occupancy floor —

Sensitivity live

Price	-10% $11	-5% $-39	+0% $-88	+5% $-138	+10% $-187
Rent	-10% $-190	-5% $-139	+0% $-88	+5% $-37	+10% $14
Rate	-1.0pp $0	-0.5pp $-44	base $-88	+0.5pp $-134	+1.0pp $-180

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: $43,675
• Closing costs: $5,241
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $174,700 Active 35 DOM
2. 2026-06-18
   days on market $174,700 Active 32 DOM
3. 2026-06-17
   days on market $174,700 Active 31 DOM
4. 2026-06-16
   days on market $174,700 Active 30 DOM
5. 2026-06-15
   days on market $174,700 Active 29 DOM
6. 2026-06-14
   days on market $174,700 Active 27 DOM
7. 2026-06-13
   days on market $174,700 Active 26 DOM
8. 2026-06-10
   days on market $174,700 Active 24 DOM
9. 2026-06-09
   days on market $174,700 Active 23 DOM
10. 2026-06-08
    days on market $174,700 Active 22 DOM
11. 2026-06-07
    days on market $174,700 Active 21 DOM
12. 2026-06-03
    days on market $174,700 Active 17 DOM
13. 2026-06-02
    days on market $174,700 Active 16 DOM
14. 2026-06-01
    days on market $174,700 Active 15 DOM
15. 2026-05-31
    days on market $174,700 Active 14 DOM
16. 2026-05-31
    days on market $174,700 Active 13 DOM
17. 2026-05-17
    listed $174,700 Active
18. 2023-06-02
    soldstatus $160,000
19. 2023-05-30
    soldstatus $160,000 Closed 521-char remark

    Show marketing remark (521 chars)

    New Roof! Large house with beautiful woodwork and historic charm! 4 bed/2 baths with bonus attic space boasting high ceilings and wide open space begging to be finished into a game room or master suite. Pull stools up to the counter for breakfast or dine with family in the kitchen. Enjoy the original wood floors in the living and dining rooms. Outside there is a detached garage and large front porch. House does have a new radon mitigation system and many other unique features. Make it yours, call for an appointment!

20. 2023-05-02
    status Pending 521-char remark

    Show marketing remark (521 chars)

    New Roof! Large house with beautiful woodwork and historic charm! 4 bed/2 baths with bonus attic space boasting high ceilings and wide open space begging to be finished into a game room or master suite. Pull stools up to the counter for breakfast or dine with family in the kitchen. Enjoy the original wood floors in the living and dining rooms. Outside there is a detached garage and large front porch. House does have a new radon mitigation system and many other unique features. Make it yours, call for an appointment!

21. 2023-03-20
    listed $170,000 Active 521-char remark

    Show marketing remark (521 chars)

    New Roof! Large house with beautiful woodwork and historic charm! 4 bed/2 baths with bonus attic space boasting high ceilings and wide open space begging to be finished into a game room or master suite. Pull stools up to the counter for breakfast or dine with family in the kitchen. Enjoy the original wood floors in the living and dining rooms. Outside there is a detached garage and large front porch. House does have a new radon mitigation system and many other unique features. Make it yours, call for an appointment!

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

Tax reassessment forecast NE · Resets to sale price

• Current annual tax: $1,437 · $120/mo
• Projected year-2 tax: $3,022 · $252/mo
• Expected delta: +$1,586/yr (+$132/mo · 110.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,499
• − Mortgage interest: −$9,786
• − Property taxes: −$1,437
• − Insurance: −$874
• − Repairs & maintenance: −$1,240
• − Management: −$1,240
• − Depreciation: −$5,082
• Taxable loss: −$4,159
• Est. tax savings @ 24.0%: +$998
• After-tax cash flow: $-62/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: Wisner-Pilger Public Schools
• NCES district ID: 3100008
• Math proficiency: 51% ▼ -12.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $46,046
• Composite: 43.65/100
• National rank: #2963
• State rank: #61 of 111 in NE

Livability — Wisner

• Score: 76/100
• State rank: #81
• US rank: #3422

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wisner, NE
• Population (ZIP): 1,998

Population outlook (Cuming County) Hauer SSP2

• Today (2025): 9,300 people
• By 2030: 9,384 · +0.9%
• By 2040: 9,575 · +3.0%
• By 2050: 9,783 · +5.2%
• By 2075: 10,835 · +16.5%
• By 2100: 11,285 · +21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Hispanic / Latino 3% Two or more races 3%
• Common ancestry: Romanian 2% Portuguese 1% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Cuming

• 2024 margin: Solid R (+60.0) · D 19.5% · R 79.5%
• 2008→2024 swing: -24.4pp toward R · 2008: -35.7pp · 2024: -60.0pp
• All cycles: 2024: R+60.0 2020: R+59.1 2016: R+59.8 2012: R+46.9 2008: R+35.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.84%
• Current HPI: 264.8187
• 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

+2.8% since first listed

5 events — show timeline

• 2026-05-17 Listed $174,700 NNEMLS
• 2023-06-02 Sold (Public Records) $160,000 Public Records
• 2023-05-30 Sold (MLS) $160,000 NNEMLS
• 2023-05-02 Pending — NNEMLS
• 2023-03-20 Listed $170,000 NNEMLS

Property tax history

+1.1%/yr

Latest (2025): $1,437 · -1.2% YoY. Source: county tax records.