411 Castor St · Diller, NE 68343

$40,000

2 bd · 1.0 ba · 871 sqft · SingleFamily public records · 28 Days on market

Built 1932 0.33 ac lot $46/sqft · 14% above area Est $35k · 14% over

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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
• Appreciation +7.1/10.0
• Schools +6.1/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +1.1/15.0

Listing remarks MLS

This one can be bought to rehab or tear down & build on the two lots. Home is AS-IS with no repairs.

Key facts

• 0.33 acre lot
• Garage
• Built 1932

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $423 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($855 rent vs $40k).
• Recommended offer: $39k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#231 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A-; Watch: health & safety C-, amenities F, commute F.
• Diller-Odell Public Schools (rural): math 70% / reading 70% proficiency, ranked #16 of 245 in NE (top 6%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 8 active listings in the ZIP; 9 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($277 loan paydown + $2k appreciation (4.1% local appreciation)).
• Jefferson County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.1% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $12k; list at $40k implies a 233% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $39,400 (1.5% below list)

Questions for the listing agent

1. Built in 1932 — 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 A-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?
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: 2.14% ✓
• Cap rate: 19.00%
• Cash-on-cash: 45.37%
• DSCR: 3.02
• GRM: 3.9

CMA / ARV

• ARV (median comp): $35,000
• List price: $40,000
• Delta: 14.29%
• Verdict: OVERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
411 Castor St	0.00mi	2/1.0	871 (0%)	1mo	$35,000	$40	100

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

Projected returns pro-forma

4.12% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 52.1%
• Equity multiple: 4.05×
• Total profit: $34,204
• Equity at exit: $20,559

10-year hold

• IRR: 50.7%
• Equity multiple: 8.24×
• Total profit: $81,123
• Equity at exit: $33,849

Cash invested: $11,200 (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 68343

• Home prices YoY: 1.9%
• Active inventory: 8
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $855 medium
• Mortgage (P&I): −$210
• Tax from tax record: −$26 /mo · $311/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$180
• Net cashflow: $423

Break-even live

Break-even rent $319

Max offer price $40,000

Occupancy floor 46%

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-13
   status Pending 104-char remark

   Show marketing remark (104 chars)

   This one can be bought to rehab or tear down & build on the two lots. Home is AS-IS with no repairs.

2. 2026-04-24
   price $40,000 104-char remark

   Show marketing remark (104 chars)

   This one can be bought to rehab or tear down & build on the two lots. Home is AS-IS with no repairs.

3. 2026-04-15
   listed $45,000 New 104-char remark

   Show marketing remark (104 chars)

   This one can be bought to rehab or tear down & build on the two lots. Home is AS-IS with no repairs.

4. 2019-04-12
   soldstatus $12,000
5. 2017-01-23
   soldstatus $14,000
6. 2008-10-17
   soldstatus $16,000

ⓘ 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: $311 · $26/mo
• Projected year-2 tax: $692 · $58/mo
• Expected delta: +$381/yr (+$32/mo · 122.6%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°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: $10,265
• − Mortgage interest: −$2,241
• − Property taxes: −$311
• − Insurance: −$200
• − Repairs & maintenance: −$821
• − Management: −$821
• − Depreciation: −$1,164
• Taxable income: $4,707
• Est. tax owed @ 24.0%: −$1,130
• After-tax cash flow: $3,951/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: Diller-Odell Public Schools
• NCES district ID: 3100125
• Math proficiency: 70% ▬ 0.00%
• Reading proficiency: 70% ▲ 5.00%
• Median HH income: $50,391
• Composite: 60.61/100
• National rank: #1670
• State rank: #16 of 245 in NE

Livability — Diller

• Score: 70/100
• State rank: #231
• US rank: #8127

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Diller, NE
• Population (ZIP): 992

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 6,961 people
• By 2030: 6,831 · -1.9%
• By 2040: 6,590 · -5.3%
• By 2050: 6,510 · -6.5%
• By 2075: 6,831 · -1.9%
• By 2100: 7,072 · +1.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 11% Two or more races 6%
• Hispanic origin (detail): Mexican 4% Cuban 4%
• Common ancestry: Iranian 5% Italian 2% Lithuanian 1%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 8% Russian/Polish/Slavic 1% Chinese 1%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+45.3) · D 26.7% · R 72.0% · Other 1.4%
• 2008→2024 swing: -29.6pp toward R · 2008: -15.8pp · 2024: -45.3pp
• All cycles: 2024: R+45.3 2020: R+42.9 2016: R+45.4 2012: R+28.4 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.12%
• Current HPI: 225.4069
• 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

+150.0% since first listed

6 events — show timeline

• 2026-05-13 Pending — GPRMLS
• 2026-04-24 Price Changed $40,000 GPRMLS
• 2026-04-15 Listed $45,000 GPRMLS
• 2019-04-12 Sold (Public Records) $12,000 Public Records
• 2017-01-23 Sold (Public Records) $14,000 Public Records
• 2008-10-17 Sold (Public Records) $16,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $311 · -7.7% YoY. Source: county tax records.