1342 E 5th St · Fremont, NE 68025

$135,000

3 bd · 1.0 ba · 1,209 sqft · SingleFamily public records · 58 Days on market

Built 1897 5,725 sqft lot $112/sqft · 10% below area Est $192k · 30% under ↓ 7% since listing

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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 +22.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.2/10.0
• 1% rule +5.2/10.0
• Livability +3.8/5.0
• Schools +3.0/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity-filled property ready for its next chapter. Unlock the potential in this 3-bedroom, 1-bath, 1 1/2 story home with a great backyard conveniently located in East Fremont near the YMCA. This home is in need of some work and TLC, providing the perfect chance to add value and make it your own or add to your investment portfolio. This property offers strong potential for instant equity, a rental investment, or a personalized renovation project. New furnace, A/C Coil in October of 2020, water heater 2012. Sold AS-IS. Bring your vision and unlock the possibilities! AMA

Key facts

• New furnace
• Water heater
• Great backyard

Tags

• GREAT BACKYARD
• NEW FURNACE
• A C COIL
• WATER HEATER

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $223 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 3.3% in Fremont — 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 76/100 on livability (#92 in NE, #3,751 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, employment D+, commute F.
• Fremont Public Schools (town): math 34% / reading 36% proficiency, ranked #103 of 111 in NE (top 93%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-2.1%/yr); 238 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 82 units permitted in Dodge County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1897 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $130,950 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1897 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.02% ✓
• Cap rate: 8.28%
• Cash-on-cash: 7.08%
• DSCR: 1.32
• GRM: 8.2

CMA / ARV

• ARV (median comp): $191,767
• List price: $135,000
• Delta: -29.60%
• 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
805 N Hancock St	0.21mi	3/1.0	1,212 (+0%)	1mo	$115,000	$95	89
315 N Grant St	0.13mi	4/2.0 (+1)	1,182 (-2%)	1mo	$225,000	$190	81
535 N Pebble St	0.21mi	3/2.0	1,248 (+3%)	3mo	$162,319	$130	78
1536 E 1st St	0.28mi	2/1.0 (-1)	1,227 (+2%)	2mo	$165,000	$134	78
1225 E 10th St	0.31mi	2/1.0 (-1)	1,146 (-5%)	1mo	$195,000	$170	71
141 N Lincoln St	0.26mi	3/1.0	1,332 (+10%)	3mo	$197,500	$148	69
1136 N Garfield St	0.44mi	2/2.0 (-1)	1,244 (+3%)	1mo	$230,000	$185	65
1208 - 1210 E 9th St	0.27mi	4/1.0 (+1)	1,356 (+12%)	3mo	$175,000	$129	59
200 S Thomas St	0.42mi	3/1.0	1,064 (-12%)	2mo	$162,000	$152	58
1115 N Logan St	0.52mi	4/2.0 (+1)	1,255 (+4%)	3mo	$198,000	$158	58
1445 E 11th St	0.40mi	2/1.0 (-1)	1,076 (-11%)	2mo	$190,000	$177	56
850 N D St	0.74mi	3/2.0	1,334 (+10%)	3mo	$196,000	$147	42

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.7%
• Equity multiple: 0.69×
• Total profit: $-11,707
• Equity at exit: $20,129

10-year hold

• IRR: -3.4%
• Equity multiple: 0.80×
• Total profit: $-7,524
• Equity at exit: $11,672

Cash invested: $37,800 (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 68025

• Home prices YoY: -34.1%
• Rents YoY: -2.1%
• Active inventory: 238
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,371 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$96 /mo · $1,152/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $223

Break-even live

Break-even rent $1,089

Max offer price $135,000

Occupancy floor 79%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1619 E Military Ave Unit 2301 Fremont, NE	2.0	2.0	1100	$1,195	$1.09	21d	1	0.21mi
1021 S Howard St Fremont, NE	1.0–3.0	1.0–2.0	1038	$1,610	$1.55	2d	11	0.96mi

Listing history 13 events

1. 2026-06-12
   statusdays on market $135,000 Pending 58 DOM
2. 2026-06-09
   days on market $135,000 Active 55 DOM
3. 2026-06-08
   days on market $135,000 Active 54 DOM
4. 2026-06-07
   days on market $135,000 Active 53 DOM
5. 2026-06-05
   days on market $135,000 Active 50 DOM
6. 2026-06-03
   pricedays on market $135,000 Active 49 DOM
7. 2026-06-02
   days on market $140,000 Active 48 DOM
8. 2026-06-01
   days on market $140,000 Active 47 DOM
9. 2026-05-31
   days on market $140,000 Active 46 DOM
10. 2026-05-30
    days on market $140,000 Active 45 DOM
11. 2026-05-08
    price $140,000 584-char remark

    Show marketing remark (584 chars)

    Opportunity-filled property ready for its next chapter. Unlock the potential in this 3-bedroom, 1-bath, 1 1/2 story home with a great backyard conveniently located in East Fremont near the YMCA. This home is in need of some work and TLC, providing the perfect chance to add value and make it your own or add to your investment portfolio. This property offers strong potential for instant equity, a rental investment, or a personalized renovation project. New furnace, A/C Coil in October of 2020, water heater 2012. Sold AS-IS. Bring your vision and unlock the possibilities! AMA

12. 2026-04-24
    price $147,000 584-char remark

    Show marketing remark (584 chars)

    Opportunity-filled property ready for its next chapter. Unlock the potential in this 3-bedroom, 1-bath, 1 1/2 story home with a great backyard conveniently located in East Fremont near the YMCA. This home is in need of some work and TLC, providing the perfect chance to add value and make it your own or add to your investment portfolio. This property offers strong potential for instant equity, a rental investment, or a personalized renovation project. New furnace, A/C Coil in October of 2020, water heater 2012. Sold AS-IS. Bring your vision and unlock the possibilities! AMA

13. 2026-04-15
    listed $150,000 New 584-char remark

    Show marketing remark (584 chars)

    Opportunity-filled property ready for its next chapter. Unlock the potential in this 3-bedroom, 1-bath, 1 1/2 story home with a great backyard conveniently located in East Fremont near the YMCA. This home is in need of some work and TLC, providing the perfect chance to add value and make it your own or add to your investment portfolio. This property offers strong potential for instant equity, a rental investment, or a personalized renovation project. New furnace, A/C Coil in October of 2020, water heater 2012. Sold AS-IS. Bring your vision and unlock the possibilities! AMA

ⓘ 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: $1,152 · $96/mo
• Projected year-2 tax: $2,336 · $195/mo
• Expected delta: +$1,183/yr (+$99/mo · 102.6%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 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: $16,456
• − Mortgage interest: −$7,562
• − Property taxes: −$1,152
• − Insurance: −$675
• − Repairs & maintenance: −$1,317
• − Management: −$1,317
• − Depreciation: −$3,927
• Taxable income: $506
• Est. tax owed @ 24.0%: −$122
• After-tax cash flow: $2,556/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: Fremont Public Schools
• NCES district ID: 3170710
• Math proficiency: 34% ▼ -8.00%
• Reading proficiency: 36% ▲ 1.00%
• Median HH income: $47,111
• Composite: 30.07/100
• National rank: #6347
• State rank: #103 of 111 in NE

Livability — Fremont

• Score: 76/100
• State rank: #92
• US rank: #3751

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fremont, NE
• County: Dodge County · 31,658 people
• City population: 31,658
• Metro: Fremont, NE
• Population (ZIP): 31,658
• Household income: $72,254
• Rent vs Own: 34.8% rent · 65.2% own
• Severe rent burden: 893.0

Population outlook (Dodge County) Hauer SSP2

• Today (2025): 37,191 people
• By 2030: 37,238 · +0.1%
• By 2040: 37,256 · +0.2%
• By 2050: 37,494 · +0.8%
• By 2075: 39,165 · +5.3%
• By 2100: 40,221 · +8.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 18% Two or more races 7% Native American 2%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Portuguese 2% Lithuanian 2% Romanian 2%
• Foreign-born: 7% · Canada
• Languages at home: 84% English-only · Spanish 14%

Political lean MEDSL · Dodge

• 2024 margin: Solid R (+32.6) · D 33.0% · R 65.7% · Other 1.3%
• 2008→2024 swing: -20.6pp toward R · 2008: -12.0pp · 2024: -32.6pp
• All cycles: 2024: R+32.6 2020: R+32.1 2016: R+35.3 2012: R+22.7 2008: R+12.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -164.59%
• Current HPI: 318.3329
• Rent YoY: ▼ -2.14%
• Metro: Fremont, NE
• 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

-6.7% since first listed

3 events — show timeline

• 2026-05-08 Price Changed $140,000 GPRMLS
• 2026-04-24 Price Changed $147,000 GPRMLS
• 2026-04-15 Listed $150,000 GPRMLS

Property tax history

+2.8%/yr

Latest (2014): $1,152 · +5.6% YoY. Source: county tax records.