4719 S 18th St · Omaha, NE 68107

$129,900

4 bd · 2.0 ba · 1,292 sqft · Other public records · 12 Days on market

Built 1892 5,850 sqft lot

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Why this score? — see what drove the C 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 +24.7/30.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Bring this property back to its former glory with the right vision and updates. Conveniently located near schools, parks, shopping, and major roadways, it offers excellent accessibility and everyday convenience. The home features a functional layout with comfortable living spaces, while the spacious yard provides great potential for outdoor entertaining, gardening, or future enhancements. Situated within the Omaha Public Schools district, this property is a strong opportunity to add value and customize to your needs. Enjoy the benefits of an established neighborhood with easy access to downtown and a wide range of local amenities.

Key facts

• Spacious yard
• Functional layout
• 5,850 sq ft lot

Tags

• FUNCTIONAL LAYOUT
• SPACIOUS YARD
• ESTABLISHED NEIGHBORHOOD
• EASY ACCESS TO DOWNTOWN

Property features AI

Exterior

• Parking: Detached off-street garage
• Utilities: Public and private water sources
• Home design: Single-family residence; One-and-one-half story; Built in 1892; Not new / not a model
• Construction: Block foundation
• Exterior features: Patio; Partial wood fencing; Lot approximately 45 x 130 (about 0.13 acre)

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Master bedroom (2nd floor) approximately 12 x 16; Bedroom 2 (2nd floor) approximately 9 x 11; Bedroom 3 (2nd floor) approximately 8 x 9; Bedroom 4 (main floor) approximately 8 x 11
• Bathrooms: Two full bathrooms (one on the main level)
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Basement present (finished area listed separately); No fireplaces; Range and refrigerator included
• Laundry & utility: Basement level available for utilities/laundry

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $130k.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Cap rate 8.8% vs local median 3.6% 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: R M Marrs Magnet Middle School (math 21% / reading 21%, grade F, #120 of 128 statewide, top 94%, 1,066 students, 0% FRL); South High School (math 11% / reading 13%, grade F, #254 of 261 statewide, top 98%, 2,686 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: 64 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 4,539 units permitted in Douglas County in 2024 (2,583 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Douglas County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1892 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,900

Questions for the listing agent

1. Built in 1892 — 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. 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?
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: 1.13% ✓
• Cap rate: 8.79%
• Cash-on-cash: 8.92%
• DSCR: 1.40
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -2.8%
• Equity multiple: 0.90×
• Total profit: $-3,806
• Equity at exit: $19,369

10-year hold

• IRR: 6.9%
• Equity multiple: 1.52×
• Total profit: $18,933
• Equity at exit: $11,231

Cash invested: $36,372 (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 68107

• Active inventory: 64
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,466 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$152 /mo · $1,826/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $270

Break-even live

Break-even rent $1,123

Max offer price $129,900

Occupancy floor 77%

Sensitivity live

Price	-10% $344	-5% $307	+0% $270	+5% $234	+10% $197
Rent	-10% $155	-5% $213	+0% $270	+5% $328	+10% $386
Rate	-1.0pp $336	-0.5pp $304	base $270	+0.5pp $237	+1.0pp $203

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2212 F St Omaha, NE	3.0	1.0	1266	$1,450	$1.15	44d	1	0.63mi
2415 E St Unit 4 Omaha, NE	3.0	1.0	1000	$1,150	$1.15	15d	1	0.76mi
3124 S 21st St Omaha, NE	3.0	2.0	1325	$1,745	$1.32	20d	1	1.26mi
3352 T St Omaha, NE	4.0	1.0	1150	$1,400	$1.22	4d	1	1.44mi

Listing history 46 events

1. 2026-06-21
   days on market $129,900 Active 12 DOM
2. 2026-06-18
   days on market $129,900 Active 9 DOM
3. 2026-06-17
   days on market $129,900 Active 8 DOM
4. 2026-06-16
   days on market $129,900 Active 7 DOM
5. 2026-06-15
   statusdays on market $129,900 Active 6 DOM
6. 2026-06-13
   days on market $129,900 New 4 DOM
7. 2026-06-10
   remarks 638-char remark
8. 2026-06-10
   statusdays on marketlisting id $129,900 New 1 DOM
9. 2026-06-09
   days on market $129,900 Active 48 DOM
10. 2026-06-08
    days on market $129,900 Active 47 DOM
11. 2026-06-07
    pricedays on market $129,900 Active 46 DOM
12. 2026-06-03
    days on market $144,900 Active 42 DOM
13. 2026-06-03
    days on market $144,900 Active 41 DOM
14. 2026-06-01
    days on market $144,900 Active 40 DOM
15. 2026-06-01
    days on market $144,900 Active 39 DOM
16. 2026-05-01
    price $144,900 600-char remark
17. 2026-04-22
    listed $149,900 New 600-char remark
18. 2026-01-21
    historical
19. 2026-01-14
    listed $154,900 New
20. 2026-01-01
    historical
21. 2025-11-17
    price $159,900
22. 2025-10-01
    listed $169,900 New
23. 2024-08-28
    soldstatus $1,545,000
24. 2021-11-10
    soldstatus $134,000
25. 2021-11-05
    soldstatus $133,900
26. 2021-11-04
    soldstatus $133,900 Sold
27. 2021-10-18
    status Pending
28. 2021-10-01
    status Back On Market
29. 2021-09-28
    status Pending
30. 2021-09-24
    price $139,950
31. 2021-08-17
    price $144,500
32. 2021-08-03
    listed $148,350 Active - New
33. 2021-08-03
    listed $139,950
34. 2021-07-26
    historical
35. 2021-06-24
    price $143,000
36. 2021-06-09
    listed $147,500 Active - New
37. 2021-04-12
    status Pending
38. 2021-04-10
    historical
39. 2021-04-08
    price $149,900
40. 2021-03-12
    price $153,000
41. 2021-03-11
    listed $149,900 Active - New
42. 2018-09-10
    soldstatus $105,000
43. 2018-08-31
    soldstatus $105,000 Sold
44. 2018-07-17
    status Pending
45. 2018-07-12
    listed $105,000 Active - New
46. 2003-05-02
    soldstatus $82,000

ⓘ 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: $1,826 · $152/mo
• Projected year-2 tax: $2,247 · $187/mo
• Expected delta: +$421/yr (+$35/mo · 23.1%)

ⓘ 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 · 15 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: $17,589
• − Mortgage interest: −$7,276
• − Property taxes: −$1,826
• − Insurance: −$650
• − Repairs & maintenance: −$1,407
• − Management: −$1,407
• − Depreciation: −$3,779
• Taxable income: $1,244
• Est. tax owed @ 24.0%: −$299
• After-tax cash flow: $2,947/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: 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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Omaha, NE
• County: Douglas County · 538,646 people
• City population: 552,986
• Metro: Omaha-Council Bluffs, NE-IA
• Population (ZIP): 31,540
• Household income: $62,560
• Rent vs Own: 38.3% rent · 61.7% own
• Severe rent burden: 815.0

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: Predominantly Hispanic (67%)
• Race & ethnicity: Hispanic / Latino 67% White 24% Two or more races 22% Black 7% Native American 3%
• Hispanic origin (detail): Mexican 53%
• Common ancestry: Romanian 3% Lithuanian 1% Portuguese 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 38% English-only · Spanish 59%

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: ▼ -223.92%
• Current HPI: 282.1815
• Rent YoY: —
• 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

+58.4% since first listed

34 events — show timeline

• 2026-06-09 Listing Removed — GPRMLS
• 2026-06-09 Listed $129,900 GPRMLS
• 2026-06-05 Price Changed $129,900 GPRMLS
• 2026-05-01 Price Changed $144,900 GPRMLS
• 2026-04-22 Listed $149,900 GPRMLS
• 2026-01-21 Listing Removed — GPRMLS
• 2026-01-14 Listed $154,900 GPRMLS
• 2026-01-01 Listing Removed — GPRMLS
• 2025-11-17 Price Changed $159,900 GPRMLS
• 2025-10-01 Listed $169,900 GPRMLS
• 2024-08-28 Sold (Public Records) $1,545,000 Public Records
• 2021-11-10 Sold (Public Records) $134,000 Public Records
• 2021-11-05 Sold (MLS) $133,900 SWIAR
• 2021-11-04 Sold (MLS) $133,900 GPRMLS
• 2021-10-18 Pending — GPRMLS
• 2021-10-01 Relisted — GPRMLS
• 2021-09-28 Pending — GPRMLS
• 2021-09-24 Price Changed $139,950 GPRMLS
• 2021-08-17 Price Changed $144,500 GPRMLS
• 2021-08-03 Listed $139,950 SWIAR
• 2021-08-03 Listed $148,350 GPRMLS
• 2021-07-26 Listing Removed — GPRMLS
• 2021-06-24 Price Changed $143,000 GPRMLS
• 2021-06-09 Listed $147,500 GPRMLS
• 2021-04-12 Pending — GPRMLS
• 2021-04-10 Listing Removed — GPRMLS
• 2021-04-08 Price Changed $149,900 GPRMLS
• 2021-03-12 Price Changed $153,000 GPRMLS
• 2021-03-11 Listed $149,900 GPRMLS
• 2018-09-10 Sold (Public Records) $105,000 Public Records
• 2018-08-31 Sold (MLS) $105,000 GPRMLS
• 2018-07-17 Pending — GPRMLS
• 2018-07-12 Listed $105,000 GPRMLS
• 2003-05-02 Sold (Public Records) $82,000 Public Records

Property tax history

-0.1%/yr

Latest (2025): $1,826 · +1.7% YoY. Source: county tax records.