2 Bed 1 Bath Single Section Plan · Lincoln, NE 68522

$61,900

2 bd · 1.0 ba · 728 sqft · Manufactured · 147 Days on market

Fair condition

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +4.2/5.0
• Rent growth +3.1/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

Key facts

• Listed 147 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $62k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $637 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $62k).
• Recommended offer: $54k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.6% vs local median 3.0% in Lincoln — 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 85/100 on livability (#5 in NE, #545 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime D+.
• Lincoln Public Schools (urban): math 50% / reading 53% proficiency, ranked #59 of 111 in NE (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.4%/yr); 90 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,940 units permitted in Lancaster County in 2024 (895 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $428 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lancaster County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.4% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 147 days — a 12% lower offer ($54k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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 $54,472 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 2.18% ✓
• Cap rate: 18.64%
• Cash-on-cash: 44.08%
• DSCR: 2.96
• GRM: 3.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.38% rent growth · sell at horizon

5-year hold

• IRR: 40.3%
• Equity multiple: 2.71×
• Total profit: $29,704
• Equity at exit: $9,229

10-year hold

• IRR: 46.3%
• Equity multiple: 5.31×
• Total profit: $74,776
• Equity at exit: $5,352

Cash invested: $17,332 (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 68522

• Home prices YoY: -31.6%
• Rents YoY: 2.4%
• Active inventory: 90
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,347 medium
• Mortgage (P&I): −$325
• Tax est. 1.5%: −$77 /mo · $928/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $637

Break-even live

Break-even rent $541

Max offer price $61,900

Occupancy floor 48%

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: $15,475
• Closing costs: $1,857
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1915 SW 12th St Unit 128 Lincoln, NE	2.0	1.0	728	$1,429	$1.96	43d	1	0.13mi
705 Folsom Ln Lincoln, NE	1.0–3.0	1.0–2.5	1173	$1,532	$1.31	13d	16	0.57mi
2960 S Coddington Ave Lincoln, NE	1.0–2.0	1.0	798	$1,419	$1.78	13d	10	0.72mi
760 W C St Lincoln, NE	1.0–3.0	1.0–2.0	1018	$1,224	$1.20	13d	8	0.80mi

Listing history 21 events

1. 2026-06-18
   days on market $61,900 Active 147 DOM
2. 2026-06-17
   days on market $61,900 Active 146 DOM
3. 2026-06-16
   days on market $61,900 Active 145 DOM
4. 2026-06-15
   days on market $61,900 Active 144 DOM
5. 2026-06-14
   pricedays on market $61,900 Active 142 DOM
6. 2026-06-10
   days on market $63,900 Active 139 DOM
7. 2026-06-09
   days on market $63,900 Active 138 DOM
8. 2026-06-08
   days on market $63,900 Active 137 DOM
9. 2026-06-07
   days on market $63,900 Active 136 DOM
10. 2026-06-05
    days on market $63,900 Active 133 DOM
11. 2026-06-03
    days on market $63,900 Active 132 DOM
12. 2026-06-02
    days on market $63,900 Active 131 DOM
13. 2026-05-31
    days on market $63,900 Active 129 DOM
14. 2026-05-30
    days on market $63,900 Active 128 DOM
15. 2026-02-12
    status Active 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

16. 2026-02-12
    price $63,900 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

17. 2025-05-09
    historical 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

18. 2025-05-04
    status Active 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

19. 2025-05-04
    price $25,900 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

20. 2024-12-22
    historical 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

21. 2024-12-05
    listed $63,900 Active 1076-char remark

    Show marketing remark (1076 chars)

    Experience the pinnacle of living at Harbour West! Indulge in popular restaurants, shops, and entertainment, all within arm's reach. Enjoy the renowned Lincoln Public Schools, including Southwest High School. Explore the great outdoors on hiking and biking trails like the Bison Trail, and enjoy lush greenery at Pioneer Park, Van Dorn Park, and Sawyer Snell Park. With easy access to U. S. Highway 77 and just three miles from Downtown Lincoln, you're always connected. Elevate your lifestyle with a welcoming clubhouse, a fully-equipped fitness center, a pet-friendly environment, a picturesque picnic and barbecue area, a playground, and a sparkling swimming pool. At Harbour West, community care is our priority. Enjoy on-site management, maintenance services, a seamless home-buying process at our sales office, winter snow removal, beautifully landscaped grounds, and well-lit streets for your safety. Join our close-knit community with top-notch amenities in an unbeatable location, Harbour West. Contact us today for a private tour and make Harbour West your new home!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°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: $16,169
• − Mortgage interest: −$3,467
• − Property taxes: −$928
• − Insurance: −$310
• − Repairs & maintenance: −$1,293
• − Management: −$1,293
• − Depreciation: −$1,801
• Taxable income: $7,076
• Est. tax owed @ 24.0%: −$1,698
• After-tax cash flow: $5,942/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 · 2 photos

Fair 45/100 Cosmetic rehab

A fair condition manufactured home with cosmetic updates needed, including paint touch-up and landscaping maintenance. Potential for increased value with minor improvements.

Repairs flagged

• Minor Paint touch-up — Siding appears intact but may need touch-up paint.
• Minor Landscaping maintenance — Minimal landscaping, some overgrown areas.

Value-add opportunities

• Both Paint touch-up — Enhances curb appeal and interior appearance.
• Both Landscaping maintenance — Improves curb appeal and enhances property value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Paint touch-up · Siding appears intact but may need touch-up paint.	Minor	$500–3,000
Landscaping maintenance · Minimal landscaping, some overgrown areas.	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both Paint touch-up — Enhances curb appeal and interior appearance. ↑
• Both Landscaping maintenance — Improves curb appeal and enhances property value. ↑

ⓘ 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: Lincoln Public Schools
• NCES district ID: 3172840
• Math proficiency: 50% ▼ -6.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $50,273
• Composite: 44.05/100
• National rank: #2880
• State rank: #59 of 111 in NE

Livability — Lincoln

• Score: 85/100
• State rank: #5
• US rank: #545

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lincoln, NE
• County: Lancaster County · 291,509 people
• City population: 291,509
• Metro: Lincoln, NE
• Population (ZIP): 14,836
• Household income: $77,597
• Rent vs Own: 27.9% rent · 72.1% own
• Severe rent burden: 366.0

Population outlook (Lancaster County) Hauer SSP2

• Today (2025): 352,806 people
• By 2030: 377,899 · +7.1%
• By 2040: 428,582 · +21.5%
• By 2050: 483,103 · +36.9%
• By 2075: 632,390 · +79.2%
• By 2100: 759,513 · +115.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 9% Two or more races 8% Black 8% Asian 3%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Arab 4% Italian 2% Romanian 2%
• Foreign-born: 11% · Canada, Philippines, Vietnam
• Languages at home: 85% English-only · Spanish 5% Other Indo-European 4% Other Asian/Pacific 2%

Political lean MEDSL · Lancaster

• 2024 margin: Toss-up / Even · D 51.4% · R 47.1% · Other 1.5%
• 2008→2024 swing: -0.7pp no change · 2008: 5.0pp · 2024: 4.3pp
• All cycles: 2024: D+4.3 2020: D+7.8 2016: D+0.1 2012: R+1.0 2008: D+5.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.49%
• Current HPI: 247.8809
• Rent YoY: ▲ 2.38%
• Metro: Lincoln, 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

+0.0% since first listed

7 events — show timeline

• 2026-02-12 Price Changed $63,900 Zillow
• 2026-02-12 Relisted — Zillow
• 2025-05-09 Delisted — Zillow
• 2025-05-04 Relisted — Zillow
• 2025-05-04 Price Changed $25,900 Zillow
• 2024-12-22 Delisted — Zillow
• 2024-12-05 Listed $63,900 Zillow