100 Post St · Gresham, NE 68367

$70,000

3 bd · 1.0 ba · 1,920 sqft · SingleFamily public records · 9 Days on market

Built 1975 0.39 ac lot

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Why this score? — see what drove the B+ 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.4/10.0
• Schools +4.8/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Calling all investors! Located in the small community of Gresham, this property sits on over ¼ of an acre and is ready for a complete transformation. The home has been substantially gutted and will require extensive renovation. Whether you’re looking for your next investment project or a property to rebuild to your specifications, this opportunity offers significant potential. Being sold as-is.

Key facts

• Extensive renovation
• Substantially gutted
• 0.39 acre lot

Tags

• OVER A QUARTER OF AN ACRE
• SUBSTANTIALLY GUTTED
• EXTENSIVE RENOVATION
• SIGNIFICANT POTENTIAL

Property features AI

Exterior

• Parking: Attached 2-car garage; Two covered parking spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Multi-level layout; Built in 1975
• Construction: Masonite and brick exterior; Composition roof; Slab foundation
• Exterior features: Level lot; Lot over 1/4 up to 1/2 acre

Interior

• Kitchen: Spacious kitchen located on the main floor (approximate footprint provided)
• Bedrooms: Master bedroom on the main floor (approximately 11' x 16'); Second bedroom on the main floor (approximately 10' x 14'); Third bedroom on the 2nd floor (approximately 18' x 15')
• Bathrooms: One full bathroom and one half bathroom; One main-floor bathroom
• Heating & cooling: No fuel heating (electric or alternative system)
• Interior features: No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $467 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).

Location & tenants

• Location reads 61/100 on livability (#448 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, health & safety C-, amenities F.
• Centennial Public Schools (rural): math 58% / reading 53% proficiency, ranked #32 of 111 in NE (top 29%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Centennial Elementary School (math 62% / reading 52%, grade C+, #136 of 502 statewide, top 31%, 248 students, 39% FRL); Centennial Middle School (100 students, 44% FRL); Centennial Jr-Sr High School (math 52% / reading 57%, grade C-, #80 of 261 statewide, top 37%, 148 students, 31% FRL).
• Market conditions: 3 active listings in the ZIP; 29 units permitted in York County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($484 loan paydown + $3k appreciation (4.8% local appreciation)).
• York County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (4.8% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $8k; list at $70k implies a 833% gain — meaningful room to come down on a strong offer.

Recommended offer $70,000

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.65% ✓
• Cap rate: 14.29%
• Cash-on-cash: 28.56%
• DSCR: 2.27
• GRM: 5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.75% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.5%
• Equity multiple: 3.29×
• Total profit: $44,834
• Equity at exit: $38,597

10-year hold

• IRR: 35.9%
• Equity multiple: 6.63×
• Total profit: $110,334
• Equity at exit: $65,744

Cash invested: $19,600 (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 68367

• Home prices YoY: 4.0%
• Active inventory: 3
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,153 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$48 /mo · $575/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $467

Break-even live

Break-even rent $562

Max offer price $70,000

Occupancy floor 55%

Sensitivity live

Price	-10% $506	-5% $486	+0% $467	+5% $447	+10% $427
Rent	-10% $375	-5% $421	+0% $467	+5% $512	+10% $558
Rate	-1.0pp $502	-0.5pp $484	base $467	+0.5pp $448	+1.0pp $430

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-21
   days on market $70,000 Active 9 DOM
2. 2026-06-18
   days on market $70,000 Active 7 DOM
3. 2026-06-17
   days on market $70,000 Active 6 DOM
4. 2026-06-16
   statusdays on market $70,000 Active 5 DOM
5. 2026-06-15
   days on market $70,000 New 4 DOM
6. 2026-06-13
   days on market $70,000 New 2 DOM
7. 2026-06-12
   remarks 397-char remark
8. 2026-06-12
   listed $70,000 New 1 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: $575 · $48/mo
• Projected year-2 tax: $1,211 · $101/mo
• Expected delta: +$636/yr (+$53/mo · 110.6%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 16 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: $13,834
• − Mortgage interest: −$3,921
• − Property taxes: −$575
• − Insurance: −$350
• − Repairs & maintenance: −$1,107
• − Management: −$1,107
• − Depreciation: −$2,036
• Taxable income: $4,738
• Est. tax owed @ 24.0%: −$1,137
• After-tax cash flow: $4,461/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: Centennial Public Schools
• NCES district ID: 3100099
• Math proficiency: 58% ▲ 9.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $55,898
• Composite: 47.94/100
• National rank: #2206
• State rank: #32 of 111 in NE

Livability — Gresham

• Score: 61/100
• State rank: #448
• US rank: #17454

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gresham, NE
• Population (ZIP): 335

Population outlook (York County) Hauer SSP2

• Today (2025): 13,976 people
• By 2030: 14,103 · +0.9%
• By 2040: 14,490 · +3.7%
• By 2050: 15,059 · +7.7%
• By 2075: 18,276 · +30.8%
• By 2100: 21,449 · +53.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 4% Two or more races 3% Native American 1%
• Common ancestry: Romanian 7% Slovak 2% Iranian 1%
• Foreign-born: 4% · Canada, Guatemala
• Languages at home: 84% English-only · German/W. Germanic 11% Spanish 3% Tagalog/Filipino 2%

Political lean MEDSL · York

• 2024 margin: Solid R (+51.3) · D 23.6% · R 74.9% · Other 1.5%
• 2008→2024 swing: -2.0pp toward R · 2008: -49.3pp · 2024: -51.3pp
• All cycles: 2024: R+51.3 2020: R+51.8 2016: R+56.0 2012: R+55.4 2008: R+49.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.75%
• Current HPI: 125.0631
• 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

+833.3% since first listed

2 events — show timeline

• 2026-06-11 Listed $70,000 GPRMLS
• 2006-09-29 Sold (Public Records) $7,500 Public Records

Property tax history

+11.7%/yr

Latest (2025): $575 · +115.0% YoY. Source: county tax records.