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16616 Bondesson St
C- Composite 51.4
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

16616 Bondesson St · Omaha, NE 68007
3 bd · 2.5 ba · 1,566 sqft · Other public records · 477 Days on market
Built 2025 Good condition $174/sqft · at area comps Est $272k · at est.

🖨 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

OPEN FLOOR PLANCOZY FIREPLACELARGE ISLANDHUGE PANTRYENSUITE BATHROOMDOUBLE VANITY SINK

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $230,869 (15.4% below list)

Questions for the listing agent

  1. 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?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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. 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
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

5-year hold
IRR
-8.8%
Equity multiple
0.67×
Total profit
$-25,404
Equity at exit
$40,704
10-year hold
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
3-day pay-or-quit; preempted; moderate court pace.

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

Break-even rent $2,069
Max offer price $272,990
Occupancy floor 87%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $272,990 Active 477 DOM
  2. 2026-06-17
    days on market $272,990 Active 476 DOM
  3. 2026-06-16
    days on market $272,990 Active 475 DOM
  4. 2026-06-15
    days on market $272,990 Active 474 DOM
  5. 2026-06-13
    days on market $272,990 Active 472 DOM
  6. 2026-06-13
    days on market $272,990 Active 471 DOM
  7. 2026-06-10
    days on market $272,990 Active 469 DOM
  8. 2026-06-09
    days on market $272,990 Active 468 DOM
  9. 2026-06-08
    days on market $272,990 Active 467 DOM
  10. 2026-06-07
    days on market $272,990 Active 466 DOM
  11. 2026-06-05
    days on market $272,990 Active 463 DOM
  12. 2026-06-03
    days on market $272,990 Active 462 DOM
  13. 2026-06-03
    days on market $272,990 Active 461 DOM
  14. 2026-06-01
    days on market $272,990 Active 460 DOM
  15. 2026-05-31
    days on market $272,990 Active 459 DOM
  16. 2026-02-21
    price $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.

  17. 2026-01-28
    price $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.

  18. 2026-01-24
    price $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.

  19. 2025-11-05
    price $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.

  20. 2025-10-02
    price $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.

  21. 2025-03-19
    status 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.

  22. 2025-03-19
    historical 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.

  23. 2025-02-26
    listed $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.

  24. 2024-10-16
    soldstatus $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Good 80/100 Cosmetic rehab

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

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

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
7.5% rent · 92.5% 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

Price history

-80.6% since first listed
9 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%/yr

Latest (2025): $1,068 · +176.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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