19106 Ohio St · Omaha, NE 68022

$325,000

3 bd · 2.5 ba · 1,383 sqft · SingleFamily public records · 2 Days on market

Built 2008 8,100 sqft lot $235/sqft · 16% below area Est $386k · 16% under $8/mo HOA

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Why this score? — see what drove the D 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).

• ARV discount +14.6/15.0
• Cash flow +7.2/30.0
• Schools +6.9/10.0
• Livability +4.2/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spectacular custom built ranch in coveted Elkhorn! Lovely entry welcomes you home w/ dropzone/hooks. Phenomenal open floorplan offers vaulted ceiling & opens to flat fully fenced backyard. Split bedroom layout for private master w/en suite full master bath & walk-in closet. Second & third bedrooms share private Jack 'n Jill bath PLUS 1/2 bath on main for guests. Carpet to be replaced prior to closing. Wide open & partially framed basement; so much room to build equity. Fab find!

Key facts

• 8,100 sq ft lot
• 2 garage spots
• Built 2008

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $90

Exterior

• Parking: Attached 2-car garage with garage door opener; Two covered parking spaces
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; Phone available; Storm sewer
• Home design: Single-family residence (residential); Built in 2008; Subdivision lot (approximately 0.18 acre)
• Construction: Masonite siding; Composition roof; Concrete perimeter foundation; Year built 2008
• Exterior features: Patio; Sprinkler system; Window coverings; Wood full fencing; Level lot; Public sidewalk

Interior

• Kitchen: Vinyl flooring; Vaulted ceiling; Includes Range, Refrigerator, Dishwasher, Microwave, and Garbage Disposal
• Bedrooms: Primary bedroom on the main floor with vaulted ceiling, ceiling fan, walk-in closet, window coverings, and wall-to-wall carpeting; Second bedroom on the main floor with ceiling fan, window coverings, and wall-to-wall carpeting; Third bedroom on the main floor with ceiling fan, window coverings, and wall-to-wall carpeting
• Flooring: Carpet; Vinyl
• Bathrooms: Three bathrooms total: two full bathrooms and one half bathroom; Primary bathroom is a full bath
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: High ceilings; Ceiling fans; Pantry; Sliding doors; Direct-vent gas fireplace
• Laundry & utility: Washer and Dryer included; Laundry area with vinyl flooring

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-443 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $247k (24.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (29.9% below list).
• Recommended offer: $228k (29.9% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 3.6% in Omaha — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Elkhorn Public Schools (urban): math 77% / reading 76% proficiency, ranked #1 of 111 in NE (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical; only 5% free/reduced lunch — higher-income household profile.
• Zoned schools: Hillrise Elementary School (math 67% / reading 77%, grade A-, #27 of 502 statewide, top 7%, 341 students, 23% FRL); Elkhorn Middle School (math 68% / reading 61%, grade A-, #10 of 128 statewide, top 8%, 607 students, 20% FRL); Elkhorn High School (math 77% / reading 72%, grade B+, #10 of 261 statewide, top 4%, 741 students, 16% FRL).
• Market conditions: Rents rising fast (+4.2%/yr); 794 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $2k of loan paydown is wiped out by about $10k 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 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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.

Recommended offer $227,756 (29.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.70% ✗
• Cap rate: 4.66%
• Cash-on-cash: -5.84%
• DSCR: 0.74
• GRM: 11.9

CMA / ARV

• ARV (median comp): $385,508
• List price: $325,000
• Delta: -15.70%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19106 Ohio St	0.00mi	3/2.5	1,383 (0%)	1mo	$325,000	$235	99
18923 Costanzo Cir	0.17mi	3/2.0	1,462 (+6%)	8mo	$265,000	$181	74
2421 N 191st Ave	0.17mi	3/2.5	1,555 (+12%)	8mo	$345,500	$222	65
20055 Piney Creek Dr	0.63mi	2/2.0 (-1)	1,370 (-1%)	1mo	$407,500	$297	61
19037 Morrissey Cir	0.36mi	4/3.0 (+1)	1,449 (+5%)	9mo	$275,000	$190	61
19616 Piney Creek Dr	0.48mi	2/2.0 (-1)	1,352 (-2%)	9mo	$392,525	$290	59
19506 Cottonwood Cir	0.52mi	3/2.0	1,485 (+7%)	8mo	$385,000	$259	55
19917 Piney Creek Dr	0.62mi	2/2.0 (-1)	1,352 (-2%)	7mo	$465,675	$344	54
20056 Piney Creek Dr	0.64mi	2/2.0 (-1)	1,250 (-10%)	1mo	$335,000	$268	47
19714 Piney Creek Dr	0.53mi	2/2.0 (-1)	1,250 (-10%)	10mo	$332,500	$266	44
2613 Piney Creek Dr	0.66mi	2/2.0 (-1)	1,250 (-10%)	3mo	$332,500	$266	44
20060 Piney Creek Dr	0.65mi	2/2.0 (-1)	1,250 (-10%)	9mo	$335,000	$268	39

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

Projected returns pro-forma

-3.0% appreciation · 4.25% rent growth · sell at horizon

5-year hold

• IRR: -24.9%
• Equity multiple: 0.14×
• Total profit: $-77,954
• Equity at exit: $48,459

10-year hold

• IRR: -17.5%
• Equity multiple: -0.01×
• Total profit: $-91,884
• Equity at exit: $28,100

Cash invested: $91,000 (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 68022

• Home prices YoY: -33.9%
• Rents YoY: 4.2%
• Active inventory: 794
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $2,278 high
• Mortgage (P&I): −$1,704
• Tax from tax record: −$395 /mo · $4,736/yr
• Insurance: −$135
• HOA: −$8
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $-443

Break-even live

Break-even rent $2,838

Max offer price $246,722

Occupancy floor —

Sensitivity live

Price	-10% $-259	-5% $-351	+0% $-443	+5% $-535	+10% $-627
Rent	-10% $-623	-5% $-533	+0% $-443	+5% $-353	+10% $-263
Rate	-1.0pp $-279	-0.5pp $-360	base $-443	+0.5pp $-527	+1.0pp $-613

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19910 Lake Plz Elkhorn, NE	1.0–3.0	1.0–2.5	1401	$2,693	$1.92	3d	13	0.63mi
1999 Veterans Dr Elkhorn, NE	1.0–3.0	1.0–2.0	1015	$2,950	$2.90	3d	9	0.90mi
17551 Pinkney St Omaha, NE	1.0–3.0	1.0–2.0	1024	$2,010	$1.96	3d	23	0.93mi
1011 N 192nd Ct Apt 115 Elkhorn, NE	3.0	2.0	1469	$1,995	$1.36	25d	1	1.05mi
1011 N 192nd Ct Apt 103 Elkhorn, NE	3.0	2.0	1469	$1,895	$1.29	25d	1	1.05mi
1010 N 192nd St Elkhorn, NE	3.0	1.0–2.5	1135	$2,195	$1.93	4d	19	1.06mi
19111 Grand Ave Elkhorn, NE	4.0–5.0	2.0–3.5	1882	$2,424	$1.29	3d	1	1.28mi
1702 N 205th St Elkhorn, NE	3.0	2.5	1452	$2,028	$1.40	3d	8	1.31mi
502 N 186th Ave Lot 151 Elkhorn, NE	2.0	1.0–2.0	806	$2,245	$2.79	5d	17	1.42mi

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 6 events

1. 2026-05-02
   status Pending 780-char remark
2. 2026-04-17
   listed $325,000 New 780-char remark
3. 2019-01-14
   soldstatus $213,000
4. 2019-01-11
   soldstatus $212,500 Sold 499-char remark

   Show marketing remark (499 chars)

   Spectacular custom built ranch in coveted Elkhorn! Lovely entry welcomes you home w/ dropzone/hooks. Phenomenal open floorplan offers vaulted ceiling & opens to flat fully fenced backyard. Split bedroom layout for private master w/en suite full master bath & walk-in closet. Second & third bedrooms share private Jack 'n Jill bath PLUS 1/2 bath on main for guests. Carpet to be replaced prior to closing. Wide open & partially framed basement; so much room to build equity. Fab find!

5. 2018-12-04
   status Pending 499-char remark

   Show marketing remark (499 chars)

   Spectacular custom built ranch in coveted Elkhorn! Lovely entry welcomes you home w/ dropzone/hooks. Phenomenal open floorplan offers vaulted ceiling & opens to flat fully fenced backyard. Split bedroom layout for private master w/en suite full master bath & walk-in closet. Second & third bedrooms share private Jack 'n Jill bath PLUS 1/2 bath on main for guests. Carpet to be replaced prior to closing. Wide open & partially framed basement; so much room to build equity. Fab find!

6. 2018-11-28
   listed $215,000 Active - New 499-char remark

   Show marketing remark (499 chars)

   Spectacular custom built ranch in coveted Elkhorn! Lovely entry welcomes you home w/ dropzone/hooks. Phenomenal open floorplan offers vaulted ceiling & opens to flat fully fenced backyard. Split bedroom layout for private master w/en suite full master bath & walk-in closet. Second & third bedrooms share private Jack 'n Jill bath PLUS 1/2 bath on main for guests. Carpet to be replaced prior to closing. Wide open & partially framed basement; so much room to build equity. Fab find!

ⓘ 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: $4,736 · $395/mo
• Projected year-2 tax: $5,622 · $469/mo
• Expected delta: +$887/yr (+$74/mo · 18.7%)

ⓘ 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: $27,331
• − Mortgage interest: −$18,205
• − Property taxes: −$4,736
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,186
• − Management: −$2,186
• − HOA: −$96
• − Depreciation: −$9,455
• Taxable loss: −$11,158
• Est. tax savings @ 24.0%: +$2,678
• After-tax cash flow: $-2,639/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: Elkhorn Public Schools
• NCES district ID: 3170110
• Math proficiency: 77% ▼ -7.00%
• Reading proficiency: 76% ▼ -6.00%
• Median HH income: $96,478
• Composite: 69.21/100
• National rank: #318
• State rank: #1 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): 36,538
• Household income: $148,111
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 651.0

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 White (87%)
• Race & ethnicity: White 87% Two or more races 6% Asian 4% Hispanic / Latino 4% Black 1%
• Common ancestry: Portuguese 3% Romanian 3% Iranian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 94% English-only · Other Indo-European 1% Other Asian/Pacific 1% Spanish 1%

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: ▼ -102.67%
• Current HPI: 200.1245
• Rent YoY: ▲ 4.25%
• 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

+51.2% since first listed

7 events — show timeline

• 2026-06-02 Sold (MLS) $325,000 GPRMLS
• 2026-05-02 Pending — GPRMLS
• 2026-04-17 Listed $325,000 GPRMLS
• 2019-01-14 Sold (Public Records) $213,000 Public Records
• 2019-01-11 Sold (MLS) $212,500 GPRMLS
• 2018-12-04 Pending — GPRMLS
• 2018-11-28 Listed $215,000 GPRMLS

Property tax history

-0.6%/yr

Latest (2025): $4,736 · -3.2% YoY. Source: county tax records.