304 Hwy 30 · Silver Creek, NE 68663

$90,000

2 bd · 1.0 ba · 2,260 sqft · SingleFamily public records · 71 Days on market

Built 1915 8,712 sqft lot $40/sqft · at area comps Est $90k · at est.

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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 +26.2/30.0
• DSCR +8.9/10.0
• ARV discount +7.7/15.0
• 1% rule +6.7/10.0
• Appreciation +6.3/10.0
• Schools +3.9/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to this new listing in Silver Creek located at 304 Highway 30! This 2-bedroom, 1-bath home offers comfortable living with a large living room and a spacious kitchen that provides plenty of room for everyday living and entertaining. You'll appreciate the convenience of main floor laundry and the fenced-in backyard, perfect for pets, outdoor gatherings, or simply enjoying your own private space. Step outside to enjoy the back deck--an ideal spot to relax or host friends. The home also features a newer furnace, adding peace of mind for future owners. The seller prefers to sell the property in its current condition, offering a great opportunity for buyers to add their own personal touches and updates. Motivated sellers -- bring us an offer!

Key facts

• Main floor laundry
• Fenced-in backyard
• 8,712 sq ft lot

Tags

• MAIN FLOOR LAUNDRY
• FENCED-IN BACKYARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $230 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#305 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, health & safety C-, amenities F.
• Twin River Public Schools (rural): math 45% / reading 48% proficiency, ranked #79 of 111 in NE (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 9 active listings in the ZIP; 43 units permitted in Merrick County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($622 loan paydown + $2k appreciation (2.6% local appreciation)).
• Merrick County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (2.6% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $84,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.17% ✓
• Cap rate: 9.36%
• Cash-on-cash: 10.95%
• DSCR: 1.49
• GRM: 7.1

CMA / ARV

• ARV (median comp): $90,330
• List price: $90,000
• Delta: -0.37%
• Verdict: FAIR
• Comps: 6 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
308 Vine St	0.26mi	2/1.0	2,112 (-6%)	11mo	$120,000	$57	68
705 5th St	0.35mi	3/2.0 (+1)	2,304 (+2%)	13mo	$220,000	$95	61
510 Elm St	0.28mi	3/1.0 (+1)	1,976 (-13%)	19mo	$84,575	$43	45

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

Projected returns pro-forma

2.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.7%
• Equity multiple: 1.93×
• Total profit: $23,481
• Equity at exit: $38,334

10-year hold

• IRR: 18.6%
• Equity multiple: 3.60×
• Total profit: $65,630
• Equity at exit: $57,468

Cash invested: $25,200 (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 68663

• Home prices YoY: 1.0%
• Active inventory: 9
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,055 medium
• Mortgage (P&I): −$472
• Tax from tax record: −$94 /mo · $1,130/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$222
• Net cashflow: $230

Break-even live

Break-even rent $764

Max offer price $90,000

Occupancy floor 73%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-15
   soldstatus $79,000 Sold 760-char remark

   Show marketing remark (760 chars)

   Welcome to this new listing in Silver Creek located at 304 Highway 30! This 2-bedroom, 1-bath home offers comfortable living with a large living room and a spacious kitchen that provides plenty of room for everyday living and entertaining. You'll appreciate the convenience of main floor laundry and the fenced-in backyard, perfect for pets, outdoor gatherings, or simply enjoying your own private space. Step outside to enjoy the back deck--an ideal spot to relax or host friends. The home also features a newer furnace, adding peace of mind for future owners. The seller prefers to sell the property in its current condition, offering a great opportunity for buyers to add their own personal touches and updates. Motivated sellers -- bring us an offer!

2. 2026-04-03
   status Pending 760-char remark

   Show marketing remark (760 chars)

   Welcome to this new listing in Silver Creek located at 304 Highway 30! This 2-bedroom, 1-bath home offers comfortable living with a large living room and a spacious kitchen that provides plenty of room for everyday living and entertaining. You'll appreciate the convenience of main floor laundry and the fenced-in backyard, perfect for pets, outdoor gatherings, or simply enjoying your own private space. Step outside to enjoy the back deck--an ideal spot to relax or host friends. The home also features a newer furnace, adding peace of mind for future owners. The seller prefers to sell the property in its current condition, offering a great opportunity for buyers to add their own personal touches and updates. Motivated sellers -- bring us an offer!

3. 2026-03-12
   price $90,000 760-char remark

   Show marketing remark (760 chars)

   Welcome to this new listing in Silver Creek located at 304 Highway 30! This 2-bedroom, 1-bath home offers comfortable living with a large living room and a spacious kitchen that provides plenty of room for everyday living and entertaining. You'll appreciate the convenience of main floor laundry and the fenced-in backyard, perfect for pets, outdoor gatherings, or simply enjoying your own private space. Step outside to enjoy the back deck--an ideal spot to relax or host friends. The home also features a newer furnace, adding peace of mind for future owners. The seller prefers to sell the property in its current condition, offering a great opportunity for buyers to add their own personal touches and updates. Motivated sellers -- bring us an offer!

4. 2026-03-06
   listed $99,000 New 760-char remark

   Show marketing remark (754 chars)

   Welcome to this new listing in Silver Creek located at 304 Highway 30! This 2-bedroom, 1-bath home offers comfortable living with a large living room and a spacious kitchen that provides plenty of room for everyday living and entertaining. You'll appreciate the convenience of main floor laundry and the fenced-in backyard, perfect for pets, outdoor gatherings, or simply enjoying your own private space. Step outside to enjoy the back deck--an ideal spot to relax or host friends. The home also features a newer furnace, adding peace of mind for future owners. The seller prefers to sell the property in its current condition, offering a great opportunity for buyers to add their own personal touches and updates. Motivated sellers -- bring us an offer!

5. 2026-03-06
   listed $90,000 Active 754-char remark

   Show marketing remark (754 chars)

   Welcome to this new listing in Silver Creek located at 304 Highway 30! This 2-bedroom, 1-bath home offers comfortable living with a large living room and a spacious kitchen that provides plenty of room for everyday living and entertaining. You'll appreciate the convenience of main floor laundry and the fenced-in backyard, perfect for pets, outdoor gatherings, or simply enjoying your own private space. Step outside to enjoy the back deck--an ideal spot to relax or host friends. The home also features a newer furnace, adding peace of mind for future owners. The seller prefers to sell the property in its current condition, offering a great opportunity for buyers to add their own personal touches and updates. Motivated sellers -- bring us an offer!

6. 2006-09-05
   soldstatus $40,000

ⓘ 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: $1,130 · $94/mo
• Projected year-2 tax: $1,557 · $130/mo
• Expected delta: +$427/yr (+$36/mo · 37.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥105°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: $12,661
• − Mortgage interest: −$5,041
• − Property taxes: −$1,130
• − Insurance: −$450
• − Repairs & maintenance: −$1,013
• − Management: −$1,013
• − Depreciation: −$2,618
• Taxable income: $1,396
• Est. tax owed @ 24.0%: −$335
• After-tax cash flow: $2,424/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: Twin River Public Schools
• NCES district ID: 3100129
• Math proficiency: 45% ▼ -19.00%
• Reading proficiency: 48% ▼ -5.00%
• Median HH income: $45,425
• Composite: 39.44/100
• National rank: #3961
• State rank: #79 of 111 in NE

Livability — Silver Creek

• Score: 66/100
• State rank: #305
• US rank: #11525

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Silver Creek, NE
• Population (ZIP): 734

Population outlook (Merrick County) Hauer SSP2

• Today (2025): 7,635 people
• By 2030: 7,504 · -1.7%
• By 2040: 7,217 · -5.5%
• By 2050: 6,843 · -10.4%
• By 2075: 5,739 · -24.8%
• By 2100: 4,320 · -43.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 6% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 4% Cuban 2%
• Common ancestry: Romanian 24% Slovak 2% Portuguese 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Merrick

• 2024 margin: Solid R (+65.0) · D 16.8% · R 81.8% · Other 1.4%
• 2008→2024 swing: -24.5pp toward R · 2008: -40.5pp · 2024: -65.0pp
• All cycles: 2024: R+65.0 2020: R+62.5 2016: R+62.4 2012: R+45.0 2008: R+40.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.58%
• Current HPI: 257.981
• 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

+97.5% since first listed

6 events — show timeline

• 2026-05-15 Sold (MLS) $79,000 GPRMLS
• 2026-04-03 Pending — GPRMLS
• 2026-03-12 Price Changed $90,000 GPRMLS
• 2026-03-06 Listed $90,000 GIBOR
• 2026-03-06 Listed $99,000 GPRMLS
• 2006-09-05 Sold (Public Records) $40,000 Public Records

Property tax history

+4.3%/yr

Latest (2024): $1,130 · -11.6% YoY. Source: county tax records.