970 E 4th St · Superior, NE 68978

$78,000

2 bd · 2.0 ba · 1,200 sqft · SingleFamily public records · 5 Days on market

Built 1915 9,000 sqft lot Est $61k · 27% over

---

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
• DSCR +10.0/10.0
• Appreciation +8.2/10.0
• 1% rule +8.0/10.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks

Welcome home to this charming bungalow nestled on a mature, shaded lot in Superior! From the inviting covered front porch to the character-filled interior, this home offers comfort and versatility throughout. The main floor features a spacious living room, formal dining room, kitchen, and a bonus office/den that could serve a variety of needs. Two bedrooms and a ¾ bathroom complete the main level. Downstairs, you'll find additional usable space with a bonus living area, laundry room, and a second ¾ bathroom, providing plenty of storage and future potential. Outside, enjoy the established yard with mature trees and a detached 2-car garage. Whether you're looking for your first

Key facts

• Covered front porch
• Bonus living area
• Bonus office den

Tags

• COVERED FRONT PORCH
• CHARACTER FILLED INTERIOR
• BONUS OFFICE DEN
• BONUS LIVING AREA
• ESTABLISHED YARD
• MATURE TREES

Property features AI

Exterior

• Parking: Detached 2-car garage; Two covered parking spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; Built in 1915; One story
• Construction: Block foundation
• Exterior features: Front porch; Lot approximately 0.2 acre (60 x 150); Lot up to 1/4 acre

Interior

• Bedrooms: Primary bedroom on the main floor; Second bedroom on the main floor
• Bathrooms: Two total bathrooms; One full bathroom on the main floor; One bathroom below grade
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Partially finished basement; No fireplaces

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $78k.

Deal economics

• At list price, monthly cash flow is $303 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $78k).

Location & tenants

• Location reads 75/100 on livability (#106 in NE, #4,283 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Superior Public Schools (rural): math 40% / reading 43% proficiency, ranked #207 of 245 in NE (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Superior Elementary School (math 27% / reading 42%, grade F, #390 of 502 statewide, top 80%, 196 students, 48% FRL); Superior Middle School (math 27% / reading 32%, grade F, #113 of 128 statewide, top 89%, 84 students, 52% FRL); Superior Sr High School (math 30% / reading 50%, grade F, #182 of 261 statewide, top 70%, 130 students, 52% FRL) — zoned schools average 51% FRL vs 32% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 17 active listings in the ZIP; 8 units permitted in Nuckolls County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($539 loan paydown + $5k appreciation (6.3% local appreciation)).
• Nuckolls County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (6.3% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $78,000

Questions for the listing agent

1. Built in 1915 — 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 D-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: 1.30% ✓
• Cap rate: 10.95%
• Cash-on-cash: 16.64%
• DSCR: 1.74
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $61,200
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
705 E 6th St	0.25mi	3/1.5 (+1)	1,222 (+2%)	17mo	$105,000	$86	64
522 N Dakota St	0.44mi	2/1.0	1,032 (-14%)	9mo	$25,000	$24	45
915 N Commercial Ave	0.70mi	2/1.0	1,128 (-6%)	23mo	$58,000	$51	34

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

Projected returns pro-forma

6.33% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.9%
• Equity multiple: 2.98×
• Total profit: $43,335
• Equity at exit: $50,675

10-year hold

• IRR: 27.6%
• Equity multiple: 6.13×
• Total profit: $111,970
• Equity at exit: $93,347

Cash invested: $21,840 (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 68978

• Home prices YoY: 4.3%
• Active inventory: 17
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,012 medium
• Mortgage (P&I): −$409
• Tax from tax record: −$56 /mo · $666/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $303

Break-even live

Break-even rent $629

Max offer price $78,000

Occupancy floor 65%

Sensitivity live

Price	-10% $347	-5% $325	+0% $303	+5% $281	+10% $259
Rent	-10% $223	-5% $263	+0% $303	+5% $343	+10% $383
Rate	-1.0pp $342	-0.5pp $323	base $303	+0.5pp $283	+1.0pp $262

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: $19,500
• Closing costs: $2,340
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-06-08
   status $78,000 Pending 5 DOM
2. 2026-06-07
   statusdays on market $78,000 Active 5 DOM
3. 2026-06-07
   days on market $78,000 New 4 DOM
4. 2026-06-02
   remarks 685-char remark
5. 2026-06-02
   listed $78,000 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: $666 · $56/mo
• Projected year-2 tax: $1,349 · $112/mo
• Expected delta: +$683/yr (+$57/mo · 102.5%)

ⓘ 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 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥105°F today · 16 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: $12,149
• − Mortgage interest: −$4,369
• − Property taxes: −$666
• − Insurance: −$390
• − Repairs & maintenance: −$972
• − Management: −$972
• − Depreciation: −$2,269
• Taxable income: $2,511
• Est. tax owed @ 24.0%: −$603
• After-tax cash flow: $3,031/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: Superior Public Schools
• NCES district ID: 3100029
• Math proficiency: 40% ▼ -2.00%
• Reading proficiency: 43% ▼ -2.00%
• Median HH income: $34,509
• Composite: 36.62/100
• National rank: #9257
• State rank: #207 of 245 in NE

Livability — Superior

• Score: 75/100
• State rank: #106
• US rank: #4283

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Superior, NE
• Population (ZIP): 2,382

Population outlook (Nuckolls County) Hauer SSP2

• Today (2025): 3,977 people
• By 2030: 3,854 · -3.1%
• By 2040: 3,601 · -9.5%
• By 2050: 3,341 · -16.0%
• By 2075: 3,101 · -22.0%
• By 2100: 2,582 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Danish 1% Hungarian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Nuckolls

• 2024 margin: Solid R (+63.6) · D 17.7% · R 81.3% · Other 1.0%
• 2008→2024 swing: -25.8pp toward R · 2008: -37.9pp · 2024: -63.6pp
• All cycles: 2024: R+63.6 2020: R+62.8 2016: R+63.2 2012: R+45.9 2008: R+37.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.33%
• Current HPI: 154.5161
• 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

1 event — show timeline

• 2026-06-02 Listed $78,000 GPRMLS

Property tax history

-1.8%/yr

Latest (2025): $666 · +3.0% YoY. Source: county tax records.