16616 Bondesson St · Omaha, NE
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +17.1/30.0
- ARV discount +7.3/15.0
- Schools +6.1/10.0
- DSCR +5.3/10.0
- Livability +4.2/5.0
- Rent growth +4.0/5.0
- Condition / age +4.0/5.0
- 1% rule +3.5/10.0
- Appreciation +0.0/10.0
$272,990
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
Key facts
- Huge pantry
- Open floor plan
- Double vanity sink
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath other listed at $273k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $190 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (15.4% below list).
- Recommended offer: $231k (15.4% below list) — sets the bar for 1% rule.
- Cap rate 7.1% 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.
- Bennington Public Schools (rural): math 67% / reading 67% proficiency, ranked #3 of 111 in NE (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 6% free/reduced lunch — higher-income household profile.
- Market conditions: Rents rising fast (+5.9%/yr); 468 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 2d 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 $8k 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
- It's been on market 477 days — a 12% lower offer ($240k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $17k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- It's been on market 477 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.85% ✗
- Cap rate
- 7.13%
- Cash-on-cash
- 2.98%
- DSCR
- 1.13
- GRM
- 9.9
CMA / ARV
- ARV (median comp)
- $271,800
- List price
- $272,990
- Delta
- 0.44%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 5.88% rent growth · sell at horizon
- IRR
- -8.8%
- Equity multiple
- 0.67×
- Total profit
- $-25,404
- Equity at exit
- $40,704
- IRR
- 3.7%
- Equity multiple
- 1.30×
- Total profit
- $22,896
- Equity at exit
- $23,603
Cash invested: $76,437 (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
ZIP-level market 68007
- Home prices YoY
- -19.4%
- Rents YoY
- 5.9%
- Active inventory
- 468
- Price-to-rent
- 9.9×
Monthly cashflow live
- Estimated rent
- $2,309 high interval (Pro) →
- Mortgage (P&I)
- −$1,432
- Tax from tax record
- −$89 /mo · $1,068/yr
- Insurance
- −$114
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$485
- Net cashflow
- $190
Break-even live
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
- $68,248
- Closing costs
- $8,190
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 6 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 8903 N 167th St Bennington, NE | 3.0 | 2.5 | 1511 | $2,500 | $1.65 | 1d | 1 | 0.09mi |
| 15840 Clay Plz Bennington, NE | 2.0 | 1.0–2.0 | 891 | $1,725 | $1.94 | 1d | 16 | 0.63mi |
| 16333 Potter St Bennington, NE | 3.0 | 2.0 | 1618 | $3,200 | $1.98 | 1d | 1 | 0.83mi |
| 7308 N 167th Ave Bennington, NE | 4.0 | 3.0 | 2213 | $3,000 | $1.36 | 1d | 1 | 0.96mi |
| 15304 Bondesson St Bennington, NE | 3.0 | 2.0 | 1256 | $2,000 | $1.59 | 21d | 1 | 0.96mi |
| 15303 Willit St Bennington, NE | 3.0 | 2.0 | 1345 | $2,200 | $1.64 | 43d | 1 | 1.07mi |
Listing history 24 events
-
2026-06-18days on market $272,990 Active 477 DOM
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2026-06-17days on market $272,990 Active 476 DOM
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2026-06-16days on market $272,990 Active 475 DOM
-
2026-06-15days on market $272,990 Active 474 DOM
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2026-06-13days on market $272,990 Active 472 DOM
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2026-06-13days on market $272,990 Active 471 DOM
-
2026-06-10days on market $272,990 Active 469 DOM
-
2026-06-09days on market $272,990 Active 468 DOM
-
2026-06-08days on market $272,990 Active 467 DOM
-
2026-06-07days on market $272,990 Active 466 DOM
-
2026-06-05days on market $272,990 Active 463 DOM
-
2026-06-03days on market $272,990 Active 462 DOM
-
2026-06-03days on market $272,990 Active 461 DOM
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2026-06-01days on market $272,990 Active 460 DOM
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2026-05-31days on market $272,990 Active 459 DOM
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2026-02-21price $272,990 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2026-01-28price $269,990 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2026-01-24price $272,990 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2025-11-05price $269,990 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2025-10-02price $282,990 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2025-03-19status Active 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2025-03-19historical 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2025-02-26$289,990 Active 1165-char remark
Show marketing remark (1165 chars)
Model Home - Not for Sale. Search The Hill Townhomes at drhorton.com to view available homes in this neighborhood. D. R. Horton, America's Builder, presents the Sydney. This two-story townhome boasts 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Upon entering the home, a large open floor plan greets you, with a space, that boasts a cozy fireplace. The gorgeous kitchen features a large island perfect for food prep or entertaining family and friends and a huge pantry. Upstairs, you'll find a beautiful primary bedroom with an ensuite bathroom, featuring a double vanity sink, walk-in shower, and spacious closet for all your storage needs. Also upstairs, there are an additional two bedrooms, full bathroom, and a convenient laundry area. All appliances are included. This home also comes with all the benefits of new construction! All D. R. Horton homes come with an industry-leading suite of smart home products that keep you connected with the people and place you value most. This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2024-10-16soldstatus $1,410,000
ⓘ 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
- $1,068 · $89/mo
- Projected year-2 tax
- $4,723 · $394/mo
- Expected delta
- +$3,654/yr (+$305/mo · 342.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,704
- − Mortgage interest
- −$15,292
- − Property taxes
- −$1,068
- − Insurance
- −$1,365
- − Repairs & maintenance
- −$2,216
- − Management
- −$2,216
- − Depreciation
- −$7,942
- Taxable loss
- −$2,395
- Est. tax savings @ 24.0%
- +$575
- After-tax cash flow
- $2,849/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.
Condition & rehab AI · 1 photo
This home is in good condition with a modern kitchen and well-maintained interior. It has potential for further value increases through cosmetic upgrades and smart home features.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
- Both Landscaping improvements — A well-maintained yard can increase both resale and rental value.
- Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and renters.
- Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more appealing and convenient.
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — A well-maintained yard can increase both resale and rental value. ↑
- Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and renters. ↑
- Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more appealing and convenient. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Bennington Public Schools
- NCES district ID
- 3103990
- Math proficiency
- 67% ▼ -6.00%
- Reading proficiency
- 67% ▼ -7.00%
- Median HH income
- $87,771
- Composite
- 60.5/100
- National rank
- #843
- State rank
- #3 of 111 in NE
Livability — Omaha
- Score
- 84/100
- State rank
- #7
- US rank
- #663
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Douglas County · 538,646 people
- City population
- 552,986
- Metro
- Omaha-Council Bluffs, NE-IA
- Population (ZIP)
- 19,536
- Household income
- $141,042
- Rent vs Own
- Severe rent burden
- 107.0
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 (84%)
- Race & ethnicity
- White 84% Hispanic / Latino 6% Two or more races 5% Black 4% Asian 2%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Iranian 4% Romanian 4% Italian 3%
- Foreign-born
- 3% · Canada
- Languages at home
- 94% English-only · Spanish 3% Other Indo-European 1% Russian/Polish/Slavic 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
- ▼ -60.06%
- Current HPI
- 250.3443
- Rent YoY
- ▲ 5.88%
- 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
-80.6% since first listed9 events — show timeline
- 2026-02-21 Price Changed $272,990 Zillow
- 2026-01-28 Price Changed $269,990 Zillow
- 2026-01-24 Price Changed $272,990 Zillow
- 2025-11-05 Price Changed $269,990 Zillow
- 2025-10-02 Price Changed $282,990 Zillow
- 2025-03-19 Relisted — Zillow
- 2025-03-19 Delisted — Zillow
- 2025-02-26 Listed $289,990 Zillow
- 2024-10-16 Sold (Public Records) $1,410,000 Public Records
Property tax history
+458.9%/yrLatest (2025): $1,068 · +176.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…