3314 Silver Creek Rd · Silver Creek, NE 68663

$34,900

3 bd · 1.0 ba · 1,194 sqft · SingleFamily public records · 66 Days on market

Built 1920 2.10 ac lot $29/sqft · 60% below area ↓ 10% since listing

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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
• 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

Nice 2.1 acre corner lot on the edge of Silver Creek. Lot has a house on it that could either be restored or could have nice lot to build your dream home. Lots of possibilities. House is unsafe, no access.

Key facts

• 2.1 acre corner lot
• Edge of silver creek
• 2.1 acre lot

Tags

• 2.1 ACRE CORNER LOT
• EDGE OF SILVER CREEK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $506 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $33k (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 $1k of equity ($241 loan paydown + $899 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 $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($33k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $32,806 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 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 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 3.25% ✓
• Cap rate: 27.99%
• Cash-on-cash: 77.50%
• DSCR: 4.45
• GRM: 2.6

CMA / ARV

• ARV (median comp): $86,774
• List price: $34,900
• Delta: -59.78%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
304 Highway 30 Rd	0.31mi	2/1.5 (-1)	1,284 (+8%)	1mo	$79,000	$62	65
3111 33rd Rd	0.42mi	3/2.0	1,296 (+8%)	10mo	$18,000	$14	54

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: 66.6%
• Equity multiple: 4.66×
• Total profit: $35,753
• Equity at exit: $14,865

10-year hold

• IRR: 66.5%
• Equity multiple: 9.52×
• Total profit: $83,262
• Equity at exit: $22,285

Cash invested: $9,772 (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: 2.6×

Monthly cashflow live

• Estimated rent: $1,133 medium
• Mortgage (P&I): −$183
• Tax from tax record: −$66 /mo · $796/yr
• Insurance: −$15
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$238
• Net cashflow: $506

Break-even live

Break-even rent $492

Max offer price $34,900

Occupancy floor 50%

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: $8,725
• Closing costs: $1,047
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   price $34,900 Active 66 DOM
2. 2026-06-18
   days on market $44,900 Active 66 DOM
3. 2026-06-17
   days on market $44,900 Active 65 DOM
4. 2026-06-16
   days on market $44,900 Active 64 DOM
5. 2026-06-15
   days on market $44,900 Active 63 DOM
6. 2026-06-13
   days on market $44,900 Active 61 DOM
7. 2026-06-12
   days on market $44,900 Active 60 DOM
8. 2026-06-09
   days on market $44,900 Active 57 DOM
9. 2026-06-08
   days on market $44,900 Active 56 DOM
10. 2026-06-07
    days on market $44,900 Active 55 DOM
11. 2026-06-07
    days on market $44,900 Active 54 DOM
12. 2026-06-04
    days on market $44,900 Active 51 DOM
13. 2026-06-02
    days on market $44,900 Active 50 DOM
14. 2026-06-01
    days on market $44,900 Active 49 DOM
15. 2026-05-31
    days on market $44,900 Active 48 DOM
16. 2026-05-13
    price $44,900 205-char remark

    Show marketing remark (205 chars)

    Nice 2.1 acre corner lot on the edge of Silver Creek. Lot has a house on it that could either be restored or could have nice lot to build your dream home. Lots of possibilities. House is unsafe, no access.

17. 2026-04-13
    listed $54,900 Active 205-char remark

    Show marketing remark (205 chars)

    Nice 2.1 acre corner lot on the edge of Silver Creek. Lot has a house on it that could either be restored or could have nice lot to build your dream home. Lots of possibilities. House is unsafe, no access.

18. 2006-06-26
    soldstatus $50,000

ⓘ 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: $796 · $66/mo
• Projected year-2 tax: $796 · $66/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone A · 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: $13,594
• − Mortgage interest: −$1,955
• − Property taxes: −$796
• − Insurance: −$1,677
• − Repairs & maintenance: −$1,088
• − Management: −$1,088
• − Depreciation: −$1,015
• Taxable income: $5,976
• Est. tax owed @ 24.0%: −$1,434
• After-tax cash flow: $4,636/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

• 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

-10.2% since first listed

3 events — show timeline

• 2026-05-13 Price Changed $44,900 GIBOR
• 2026-04-13 Listed $54,900 GIBOR
• 2006-06-26 Sold (Public Records) $50,000 Public Records

Property tax history

+0.9%/yr

Latest (2025): $796 · -15.8% YoY. Source: county tax records.