1380 Idaho St · Superior, NE 68978

$68,000

3 bd · 2.0 ba · 1,078 sqft · SingleFamily public records · 1 Days on market

Built 1947 9,834 sqft lot Est $57k · 19% 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
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• Appreciation +8.2/10.0
• 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 to this well-maintained 3-bedroom, 2-bathroom home offering space, character, and potential! The main level features a large living area filled with natural light with a separate space for a dining table, along with three bedrooms and a full bathroom. You’ll love the charm of the original wood floors. The. kitchen offers generous cabinet and counter space, along with a window overlooking the backyard—perfect for keeping an eye on outdoor activities. The washer is located on the main level as well. The lower level adds even more flexibility with a kitchenette, additional living or recreation space, a ¾ bathroom, and laundry setup with the dryer. Whether you're look

Key facts

• 9,834 sq ft lot
• Garage
• Built 1947

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $349 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($974 rent vs $68k).

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 ($470 loan paydown + $4k 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 $19k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $68,000

Questions for the listing agent

1. Built in 1947 — 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: 1.43% ✓
• Cap rate: 12.46%
• Cash-on-cash: 22.02%
• DSCR: 1.98
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $57,134
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1380 Idaho St	0.00mi	3/2.0	1,078 (0%)	1mo	$68,000	$63	99
1419 Washington St	0.04mi	3/2.0	1,230 (+14%)	11mo	$140,000	$114	65
1436 N Commercial Ave	0.18mi	2/1.0 (-1)	936 (-13%)	2mo	$49,500	$53	59
522 N Dakota St	0.61mi	2/1.0 (-1)	1,032 (-4%)	9mo	$25,000	$24	48
915 N Commercial Ave	0.40mi	2/1.0 (-1)	1,128 (+5%)	23mo	$58,000	$51	46
342 W 6th St	0.72mi	2/1.0 (-1)	1,074 (-0%)	22mo	$65,000	$61	38
1140 N Central Ave	0.30mi	2/1.0 (-1)	916 (-15%)	22mo	$13,000	$14	34
705 E 6th St	0.61mi	3/1.5	1,222 (+13%)	17mo	$105,000	$86	33
235 W 6th St	0.70mi	2/1.0 (-1)	936 (-13%)	18mo	$29,000	$31	21

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: 34.5%
• Equity multiple: 3.27×
• Total profit: $43,219
• Equity at exit: $44,178

10-year hold

• IRR: 31.8%
• Equity multiple: 6.74×
• Total profit: $109,339
• Equity at exit: $81,379

Cash invested: $19,040 (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: 5.8×

Monthly cashflow live

• Estimated rent: $974 medium
• Mortgage (P&I): −$357
• Tax from tax record: −$35 /mo · $425/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$205
• Net cashflow: $349

Break-even live

Break-even rent $532

Max offer price $68,000

Occupancy floor 59%

Sensitivity live

Price	-10% $388	-5% $369	+0% $349	+5% $330	+10% $311
Rent	-10% $272	-5% $311	+0% $349	+5% $388	+10% $426
Rate	-1.0pp $384	-0.5pp $367	base $349	+0.5pp $332	+1.0pp $314

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: $17,000
• Closing costs: $2,040
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-04-09
   status Pending
2. 2026-04-08
   listed $68,000 New

ⓘ 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: $425 · $35/mo
• Projected year-2 tax: $1,176 · $98/mo
• Expected delta: +$751/yr (+$63/mo · 176.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥104°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: $11,693
• − Mortgage interest: −$3,809
• − Property taxes: −$425
• − Insurance: −$340
• − Repairs & maintenance: −$935
• − Management: −$935
• − Depreciation: −$1,978
• Taxable income: $3,270
• Est. tax owed @ 24.0%: −$785
• After-tax cash flow: $3,409/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

2 events — show timeline

• 2026-04-09 Pending — GPRMLS
• 2026-04-08 Listed $68,000 GPRMLS

Property tax history

-1.2%/yr

Latest (2025): $425 · +3.0% YoY. Source: county tax records.