5327 N 27th St · Omaha, NE
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.12%
- Est. flood insurance / yr
- $473 – $860
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,161 – $2,155
Heat risk 3/10 · Minor
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A 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).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- Livability +4.2/5.0
- Rent growth +3.3/5.0
- Condition / age +2.2/5.0
- Schools +1.9/10.0
$99,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Contract Pending Investors and homeowners alike, welcome to your next opportunity! Whether you're searching for a rental property, a profitable flip, or a place to make your own, this home offers endless potential. Bring your vision and creativity to transform this property into a valuable investment or your dream home. Don't miss your chance to make it yours!
Key facts
- 5,663 sq ft lot
- Built 1917
- Listed 64 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $99k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $715 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $99k).
- Recommended offer: $93k (6.0% below list) — sets the bar for market timing.
- Cap rate 15.0% vs local median 3.9% in Omaha — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 84/100 on livability (#7 in NE, #663 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
- Omaha Public Schools (urban): math 20% / reading 28% proficiency, ranked #110 of 111 in NE (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Miller Park Elementary School (math 17% / reading 17%, grade F, #471 of 502 statewide, top 95%, 390 students, 0% FRL); Mc Millan Magnet Middle School (math 12% / reading 20%, grade F, #124 of 128 statewide, top 97%, 751 students, 0% FRL); North High School (math 21% / reading 25%, grade F, #247 of 261 statewide, top 95%, 1,796 students, 0% FRL) — zoned schools average 0% FRL vs 62% district-wide (62 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising (+3.2%/yr); 181 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 81% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 4,539 units permitted in Douglas County in 2024 (2,583 in 5+ unit buildings).
- At $1,766/mo this rent would consume 50% of the median local household income ($42k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $11k of equity ($684 loan paydown + $10k appreciation (10.0% local appreciation)).
- Douglas County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (10.0% appreciation + 3.2% rent growth), your $28k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 65 days — a 6% lower offer ($93k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1917 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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.
- 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.
- 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
- 1.78% ✓
- Cap rate
- 14.96%
- Cash-on-cash
- 30.95%
- DSCR
- 2.38
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $160,100
- List price
- $99,000
- Delta
- -38.16%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2532 Hartman Ave | 0.19mi | 4/1.5 | 1,824 (+1%) | 3mo | $182,900 | $100 | 85 |
| 2504 Hartman Ave | 0.22mi | 4/2.5 | 1,930 (+6%) | 3mo | $124,900 | $65 | 70 |
| 2562 Camden Ave | 0.14mi | 4/2.0 | 1,662 (-8%) | 7mo | $210,000 | $126 | 70 |
| 2411 Saratoga Cir | 0.34mi | 4/2.0 | 1,775 (-2%) | 9mo | $80,000 | $45 | 69 |
| 2917 Ellison Ave | 0.27mi | 3/3.0 (-1) | 1,828 (+1%) | 6mo | $220,000 | $120 | 68 |
| 2703 Crown Point Ave | 0.36mi | 4/2.5 | 1,860 (+3%) | 7mo | $229,999 | $124 | 67 |
| 2420 Ames Ave | 0.57mi | 5/3.0 (+1) | 1,794 (-1%) | 4mo | $243,500 | $136 | 55 |
| 5814 N 27 St | 0.26mi | 3/2.0 (-1) | 1,597 (-12%) | 8mo | $245,000 | $153 | 52 |
| 4516 N 31st Ave | 0.66mi | 4/1.0 | 1,630 (-10%) | 2mo | $170,000 | $104 | 51 |
| 2851 Bauman Ave | 0.74mi | 4/2.0 | 1,942 (+7%) | 1mo | $217,000 | $112 | 49 |
| 4605 N 30th St | 0.54mi | 5/2.0 (+1) | 1,557 (-14%) | 8mo | $85,000 | $55 | 36 |
| 3166 Kansas Ave | 0.64mi | 4/2.0 | 2,084 (+15%) | 10mo | $175,000 | $84 | 33 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.22% rent growth · sell at horizon
- IRR
- 48.0%
- Equity multiple
- 4.60×
- Total profit
- $99,867
- Equity at exit
- $89,187
- IRR
- 41.9%
- Equity multiple
- 10.35×
- Total profit
- $259,136
- Equity at exit
- $192,335
Cash invested: $27,720 (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
Active competition Active MLS
- For sale now
- 14 active · 12 under contract
- Months of supply
- 3.5 mo (29%/mo absorbed)
- Median asking
- $189,950 ($115/sqft)
- Median days on market
- 25 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -23.4% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 68111
- Home prices YoY
- 4.0%
- Rents YoY
- 3.2%
- Active inventory
- 181
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $1,766 high interval (Pro) →
- Mortgage (P&I)
- −$519
- Tax from tax record
- −$120 /mo · $1,441/yr
- Insurance
- −$41
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$371
- Net cashflow
- $715
Break-even live
Sensitivity live
| Price | -10% $771 | -5% $743 | +0% $715 | +5% $687 | +10% $659 |
|---|---|---|---|---|---|
| Rent | -10% $575 | -5% $645 | +0% $715 | +5% $785 | +10% $854 |
| Rate | -1.0pp $765 | -0.5pp $740 | base $715 | +0.5pp $689 | +1.0pp $663 |
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
- $24,750
- Closing costs
- $2,970
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 16 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5348 N 25th St Omaha, NE | 4.0 | 1.0 | 1446 | $1,600 | $1.11 | 93d | 1 | 0.14mi |
| 2436 Laurel Ave Omaha, NE | 3.0 | 1.0 | 1582 | $1,495 | $0.95 | 73d | 1 | 0.34mi |
| 2416 Fowler Ave Omaha, NE | 4.0 | 2.0 | 2169 | $1,950 | $0.90 | 63d | 1 | 0.49mi |
| 3188 Stone Ave Omaha, NE | 4.0 | 2.0 | 2285 | $2,050 | $0.90 | 93d | 1 | 0.66mi |
| 4935 N 17th St Omaha, NE | 3.0 | 2.0 | 1281 | $1,850 | $1.44 | 15d | 1 | 0.70mi |
| 4201 N 22nd St Omaha, NE | 3.0 | 1.0 | 1380 | $1,545 | $1.12 | 93d | 1 | 0.82mi |
| 4125 N 19th St Omaha, NE | 3.0 | 1.0 | 1266 | $1,532 | $1.21 | 25d | 1 | 0.93mi |
| 2886 Martin Ave Omaha, NE | 4.0 | 2.0 | 2504 | $1,500 | $0.60 | 15d | 1 | 1.20mi |
| 4707 N 40th Ave Omaha, NE | 3.0 | 1.0 | 1337 | $1,500 | $1.12 | 70d | 1 | 1.23mi |
| 3030 Ernst St Omaha, NE | 3.0 | 2.0 | 1500 | $1,500 | $1.00 | 52d | 1 | 1.24mi |
| 2431 Emmet St Omaha, NE | 3.0 | 1.0 | 1720 | $1,595 | $0.93 | 41d | 1 | 1.26mi |
| 4010 Newport Ave Omaha, NE | 3.0 | 1.0 | 1500 | $1,550 | $1.03 | 30d | 1 | 1.40mi |
| 3501 Weber Cir Omaha, NE | 3.0 | 2.0 | 1600 | $1,700 | $1.06 | 30d | 1 | 1.42mi |
| 4026 Bauman Ave Omaha, NE | 4.0 | 1.0 | 1350 | $1,695 | $1.26 | 93d | 1 | 1.42mi |
| 4240 Fowler Ave Omaha, NE | 4.0 | 2.0 | 1956 | $1,895 | $0.97 | 73d | 1 | 1.46mi |
| 3514 N 36th Ave Omaha, NE | 4.0 | 2.0 | 1847 | $1,900 | $1.03 | 41d | 1 | 1.46mi |
Property features AI
Exterior
- Parking
- No garage
- Security
- No specific security features listed
- Utilities
- Electricity availableNatural gas availablePublic waterSewer available
- Home design
- Single-family residenceOne and one-half storiesResidential property built in 1917Not new / not a model
- Construction
- Composition roofNo foundation details specified
- Exterior features
- City lotLot up to 1/4 acre (approximately 0.13 acre)Lot dimensions about 49 x 124Lot included in price
Interior
- Kitchen
- RangeRefrigerator
- Bedrooms
- Primary bedroom on main floorAdditional bedrooms on main and second floors
- Flooring
- CarpetWoodPorcelain tile
- Bathrooms
- One full bathroom (main level)
- Heating & cooling
- Natural gas forced-air heatingWindow unit(s) for cooling
- Interior features
- Unfinished basementRangeRefrigeratorCarpet, wood, and porcelain tile flooringNo fireplaces
- Laundry & utility
- Washer/dryer not specified
Listing history 50 events
-
2026-08-08days on market $99,000 Active 65 DOM
-
2026-08-07days on market $99,000 Active 64 DOM
-
2026-08-06days on market $99,000 Active 63 DOM
-
2026-08-05days on market $99,000 Active 62 DOM
-
2026-08-04days on market $99,000 Active 61 DOM
-
2026-08-03days on market $99,000 Active 60 DOM
-
2026-07-31days on market $99,000 Active 57 DOM
-
2026-07-30days on market $99,000 Active 56 DOM
-
2026-07-30days on market $99,000 Active 55 DOM
-
2026-07-28days on market $99,000 Active 54 DOM
-
2026-07-26days on market $99,000 Active 52 DOM
-
2026-07-24days on market $99,000 Active 50 DOM
-
2026-07-23days on market $99,000 Active 49 DOM
-
2026-07-22days on market $99,000 Active 48 DOM
-
2026-07-21days on market $99,000 Active 47 DOM
-
2026-07-20days on market $99,000 Active 46 DOM
-
2026-07-19days on market $99,000 Active 44 DOM
-
2026-07-18days on market $99,000 Active 43 DOM
-
2026-07-16days on market $99,000 Active 42 DOM
-
2026-07-15days on market $99,000 Active 41 DOM
-
2026-07-14days on market $99,000 Active 40 DOM
-
2026-07-13days on market $99,000 Active 39 DOM
-
2026-07-13days on market $99,000 Active 38 DOM
-
2026-07-11days on market $99,000 Active 37 DOM
-
2026-07-10days on market $99,000 Active 36 DOM
-
2026-07-10days on market $99,000 Active 35 DOM
-
2026-07-07days on market $99,000 Active 33 DOM
-
2026-07-06days on market $99,000 Active 32 DOM
-
2026-07-05days on market $99,000 Active 31 DOM
-
2026-07-03days on market $99,000 Active 29 DOM
-
2026-07-02days on market $99,000 Active 28 DOM
-
2026-07-01days on market $99,000 Active 27 DOM
-
2026-06-30days on market $99,000 Active 26 DOM
-
2026-06-29days on market $99,000 Active 25 DOM
-
2026-06-28days on market $99,000 Active 24 DOM
-
2026-06-28days on market $99,000 Active 23 DOM
-
2026-06-25remarks 362-char remark
-
2026-06-25days on market $99,000 Active 20 DOM
-
2026-06-22days on market $99,000 Active 18 DOM
-
2026-06-21days on market $99,000 Active 17 DOM
-
2026-06-18days on market $99,000 Active 14 DOM
-
2026-06-17days on market $99,000 Active 13 DOM
-
2026-06-16days on market $99,000 Active 12 DOM
-
2026-06-15days on market $99,000 Active 11 DOM
-
2026-06-13days on market $99,000 Active 9 DOM
-
2026-06-10days on market $99,000 Active 6 DOM
-
2026-06-09statusdays on market $99,000 Active 5 DOM
-
2026-06-08days on market $99,000 New 4 DOM
-
2026-06-07remarks 345-char remark
-
2026-06-07$99,000 New 3 DOM
ⓘ 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
- $1,441 · $120/mo
- Projected year-2 tax
- $1,713 · $143/mo
- Expected delta
- +$271/yr (+$23/mo · 18.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 3/10 Moderate 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,196
- − Mortgage interest
- −$5,546
- − Property taxes
- −$1,441
- − Insurance
- −$495
- − Repairs & maintenance
- −$1,696
- − Management
- −$1,696
- − Depreciation
- −$2,880
- Taxable income
- $7,443
- Est. tax owed @ 24.0%
- −$1,786
- After-tax cash flow
- $6,792/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.
Condition & rehab AI · 9 photos
This home requires moderate renovations, primarily focusing on the kitchen and bathroom, to significantly increase its resale and rental value.
Components & finishes AI
Deferred maintenance Est. $3,500–$14,000 screening
- Minor Roof (roof) — No visible signs of damage or wear
- Minor Hvac (hvac) — No visible signs of damage or wear
- Minor Windows (windows) — No visible signs of damage or wear
- Minor Electrical (electrical) — No visible signs of damage or wear
- Minor Plumbing (plumbing) — No visible signs of damage or wear
- Minor Exterior (exterior) — No visible signs of damage or wear
- Minor Other — No visible signs of damage or wear
Repairs flagged
- Major kitchen cabinets — The cabinets are visibly worn and need replacement or renovation.
- Major kitchen countertops — The countertops are old and possibly damaged, requiring replacement.
- Major kitchen appliances — The appliances are outdated and may need to be replaced.
- Major bathroom fixtures — The bathroom fixtures are dated and need to be replaced.
- Moderate exterior siding — The siding is worn and could benefit from repainting or replacement.
- Minor landscaping — The landscaping is overgrown and needs trimming.
Value-add opportunities
- Both Kitchen renovation — A new kitchen will significantly increase the home's appeal and value for both resale and rental. ↑
- Both Bathroom renovation — A modern bathroom will enhance the home's appeal and value for both resale and rental. ↑
- Both Exterior painting and landscaping — Fresh paint and well-maintained landscaping will improve curb appeal and attract more potential buyers/tenants. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Omaha Public Schools
- NCES district ID
- 3174820
- Math proficiency
- 20% ▼ -10.00%
- Reading proficiency
- 28% ▼ -5.00%
- Median HH income
- $46,039
- Composite
- 20.83/100
- National rank
- #8502
- State rank
- #110 of 111 in NE
Livability — Omaha
- Score
- 84/100
- State rank
- #7
- US rank
- #663
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Omaha, NE
- County
- Douglas County · 625,245 people
- City population
- 552,986
- Metro
- Omaha-Council Bluffs, NE-IA
- Population (ZIP)
- 24,210
- Household income
- $42,185
- Rent vs Own
- Severe rent burden
- 14% of renters
Population outlook (Douglas County) Hauer SSP2
- Today (2025)
- 625,245 people
- By 2030
- 661,613 · +5.8%
- By 2040
- 732,395 · +17.1%
- By 2050
- 801,988 · +28.3%
- By 2075
- 968,637 · +54.9%
- By 2100
- 1,101,871 · +76.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.65)
- Race & ethnicity
- Black 52% Hispanic / Latino 21% White 17% Two or more races 15% Asian 3% Native American 1%
- Hispanic origin (detail)
- Mexican 14%
- Common ancestry
- Ukrainian 3% Lithuanian 0%
- Foreign-born
- 14% · Canada, Philippines
- Languages at home
- 75% English-only · Spanish 16% Other Asian/Pacific 3% French/Haitian/Cajun 1%
Political lean MEDSL · Douglas
- 2024 margin
- D (+10.2) · D 54.4% · R 44.2% · Other 1.4%
- 2008→2024 swing
- +5.5pp toward D · 2008: 4.6pp · 2024: 10.2pp
- All cycles
- 2024: D+10.2 2020: D+11.3 2016: D+1.4 2012: R+4.3 2008: D+4.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 13.82%
- Current HPI
- 358.7174
- Rent YoY
- ▲ 3.22%
- Metro
- Omaha-Council Bluffs, NE-IA
- 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
1 event — show timeline
- 2026-06-04 Listed $99,000 GPRMLS
Property tax history
+4.9%/yrLatest (2025): $1,441 · +27.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…