Olsen Plan · Omaha, NE 68007

$329,990

4 bd · 3.0 ba · 2,199 sqft · SingleFamily · 721 Days on market

Good condition ↓ 1% since listing

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +6.5/30.0
• Schools +6.1/10.0
• Livability +4.2/5.0
• Rent growth +4.0/5.0
• Condition / age +4.0/5.0
• 1% rule +1.6/10.0
• DSCR +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Your new home awaits in the Majestic Pointe community in Bennington, Ne. The Olsen floor plan is a ranch-style home featuring 3 bedrooms, 3 bathrooms, and 1,410 sq. ft. of living space with a finished basement. As you enter from the front door, the foyer opens to a spacious entryway overlooking the stairs to the lower level. Across from the stairs, you'll find the laundry room, guest bathroom, and a generously sized bedroom. Continuing down the foyer, two closets for coats and linens lead to the heart of the home. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, and a large island with seating, flowing into the dining and living areas for easy entertaining. At the rear, a full-panel glass door and large window lead to the covered patio, perfect for morning coffee or evening relaxation. The primary bedroom includes an en-suite bath with a separate water closet and walk-in closet. The finished basement offers an additional bedroom, a bathroom, a spacious rec room, and two large storage rooms. Make the Olsen floor plan your new home in the Majestic Pointe community!

Key facts

• Quartz countertops
• Finished basement
• 2 garage spots

Tags

• FINISHED BASEMENT
• QUARTZ COUNTERTOPS
• PRIMARY BEDROOM WALK-IN CLOSET
• SMART HOME TECHNOLOGY

🏗️ New construction. The $329,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $414,981.

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $330k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-700 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $314k (4.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $274k (16.8% below list).
• Recommended offer: $274k (16.8% below list) — sets the bar for 1% rule.

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; 5 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 $3k of loan paydown is wiped out by about $12k 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 721 days — a 12% lower offer ($290k) is reasonable based on typical stale-listing flexibility.

Recommended offer $274,451 (16.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 721 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
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. 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.66% ✗
• Cap rate: 4.27%
• Cash-on-cash: -7.23%
• DSCR: 0.68
• GRM: 12.6

CMA / ARV

• ARV (median comp): $414,981
• List price: $329,990
• Delta: -20.48%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17042 Craig St	0.16mi	4/3.0	2,191 (-0%)	0mo	$409,990	$187	92
17073 Craig St	0.21mi	4/3.0	2,191 (-0%)	1mo	$401,990	$183	89
17048 Craig St	0.16mi	4/3.5	2,452 (+12%)	0mo	$414,990	$169	71
16330 Davidson St	0.56mi	4/2.0	2,191 (-0%)	0mo	$384,990	$176	69
7305 N 166 Ave	0.53mi	4/3.0	2,092 (-5%)	1mo	$373,500	$179	66
16421 Davidson St	0.47mi	4/2.5	2,053 (-7%)	1mo	$364,990	$178	64
16413 Davidson St	0.49mi	4/2.5	2,053 (-7%)	1mo	$337,990	$165	63
16418 Davidson St	0.50mi	4/2.5	2,053 (-7%)	1mo	$374,990	$183	63
16321 Davidson St	0.56mi	4/2.5	2,053 (-7%)	0mo	$357,990	$174	60
16326 Davidson St	0.57mi	4/3.0	2,511 (+14%)	0mo	$393,990	$157	50
17606 Phoebe St	0.69mi	3/2.5 (-1)	1,986 (-10%)	1mo	$374,900	$189	44
8227 N 175 St	0.52mi	3/2.5 (-1)	1,873 (-15%)	1mo	$341,692	$182	43

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

Projected returns pro-forma

-3.0% appreciation · 5.88% rent growth · sell at horizon

5-year hold

• IRR: -25.7%
• Equity multiple: 0.11×
• Total profit: $-103,585
• Equity at exit: $61,875

10-year hold

• IRR: -15.1%
• Equity multiple: 0.04×
• Total profit: $-111,794
• Equity at exit: $35,880

Cash invested: $116,195 (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 68007

• Home prices YoY: -19.4%
• Rents YoY: 5.9%
• Active inventory: 468
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,745 high
• Mortgage (P&I): −$2,176
• Tax est. 1.5%: −$519 /mo · $6,225/yr
• Insurance: −$173
• HOA: −$0
• Vacancy / Maint / Mgmt: −$576
• Net cashflow: $-700

Break-even live

Break-even rent $3,630

Max offer price $313,737

Occupancy floor —

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: $103,745
• Closing costs: $12,449
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7308 N 167th Ave Bennington, NE	4.0	3.0	2213	$3,000	$1.36	1d	1	0.48mi
16333 Potter St Bennington, NE	3.0	2.0	1618	$3,200	$1.98	1d	1	0.56mi
17451 Tucker St Bennington, NE	3.0	3.5	2442	$3,100	$1.27	23d	1	0.57mi
8903 N 167th St Bennington, NE	3.0	2.5	1511	$2,500	$1.65	1d	1	0.60mi
6220 N 160th Ave Omaha, NE	1.0–3.0	1.0–2.5	1137	$2,690	$2.36	1d	13	1.42mi

Listing history 19 events

1. 2026-06-18
   days on market $329,990 Active 721 DOM
2. 2026-06-17
   days on market $329,990 Active 720 DOM
3. 2026-06-16
   days on market $329,990 Active 719 DOM
4. 2026-06-15
   days on market $329,990 Active 718 DOM
5. 2026-06-13
   days on market $329,990 Active 716 DOM
6. 2026-06-13
   days on market $329,990 Active 715 DOM
7. 2026-06-10
   days on market $329,990 Active 713 DOM
8. 2026-06-09
   days on market $329,990 Active 712 DOM
9. 2026-06-08
   days on market $329,990 Active 711 DOM
10. 2026-06-07
    days on market $329,990 Active 710 DOM
11. 2026-06-05
    days on market $329,990 Active 707 DOM
12. 2026-06-03
    days on market $329,990 Active 706 DOM
13. 2026-06-03
    days on market $329,990 Active 705 DOM
14. 2026-06-01
    days on market $329,990 Active 704 DOM
15. 2026-05-31
    days on market $329,990 Active 703 DOM
16. 2026-02-11
    price $329,990 1116-char remark

    Show marketing remark (1116 chars)

    Your new home awaits in the Majestic Pointe community in Bennington, Ne. The Olsen floor plan is a ranch-style home featuring 3 bedrooms, 3 bathrooms, and 1,410 sq. ft. of living space with a finished basement. As you enter from the front door, the foyer opens to a spacious entryway overlooking the stairs to the lower level. Across from the stairs, you'll find the laundry room, guest bathroom, and a generously sized bedroom. Continuing down the foyer, two closets for coats and linens lead to the heart of the home. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, and a large island with seating, flowing into the dining and living areas for easy entertaining. At the rear, a full-panel glass door and large window lead to the covered patio, perfect for morning coffee or evening relaxation. The primary bedroom includes an en-suite bath with a separate water closet and walk-in closet. The finished basement offers an additional bedroom, a bathroom, a spacious rec room, and two large storage rooms. Make the Olsen floor plan your new home in the Majestic Pointe community!

17. 2026-01-24
    price $324,990 1116-char remark

    Show marketing remark (1116 chars)

    Your new home awaits in the Majestic Pointe community in Bennington, Ne. The Olsen floor plan is a ranch-style home featuring 3 bedrooms, 3 bathrooms, and 1,410 sq. ft. of living space with a finished basement. As you enter from the front door, the foyer opens to a spacious entryway overlooking the stairs to the lower level. Across from the stairs, you'll find the laundry room, guest bathroom, and a generously sized bedroom. Continuing down the foyer, two closets for coats and linens lead to the heart of the home. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, and a large island with seating, flowing into the dining and living areas for easy entertaining. At the rear, a full-panel glass door and large window lead to the covered patio, perfect for morning coffee or evening relaxation. The primary bedroom includes an en-suite bath with a separate water closet and walk-in closet. The finished basement offers an additional bedroom, a bathroom, a spacious rec room, and two large storage rooms. Make the Olsen floor plan your new home in the Majestic Pointe community!

18. 2025-11-07
    price $319,990 1116-char remark

    Show marketing remark (1116 chars)

    Your new home awaits in the Majestic Pointe community in Bennington, Ne. The Olsen floor plan is a ranch-style home featuring 3 bedrooms, 3 bathrooms, and 1,410 sq. ft. of living space with a finished basement. As you enter from the front door, the foyer opens to a spacious entryway overlooking the stairs to the lower level. Across from the stairs, you'll find the laundry room, guest bathroom, and a generously sized bedroom. Continuing down the foyer, two closets for coats and linens lead to the heart of the home. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, and a large island with seating, flowing into the dining and living areas for easy entertaining. At the rear, a full-panel glass door and large window lead to the covered patio, perfect for morning coffee or evening relaxation. The primary bedroom includes an en-suite bath with a separate water closet and walk-in closet. The finished basement offers an additional bedroom, a bathroom, a spacious rec room, and two large storage rooms. Make the Olsen floor plan your new home in the Majestic Pointe community!

19. 2024-06-27
    listed $334,990 Active 1116-char remark

    Show marketing remark (1116 chars)

    Your new home awaits in the Majestic Pointe community in Bennington, Ne. The Olsen floor plan is a ranch-style home featuring 3 bedrooms, 3 bathrooms, and 1,410 sq. ft. of living space with a finished basement. As you enter from the front door, the foyer opens to a spacious entryway overlooking the stairs to the lower level. Across from the stairs, you'll find the laundry room, guest bathroom, and a generously sized bedroom. Continuing down the foyer, two closets for coats and linens lead to the heart of the home. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, and a large island with seating, flowing into the dining and living areas for easy entertaining. At the rear, a full-panel glass door and large window lead to the covered patio, perfect for morning coffee or evening relaxation. The primary bedroom includes an en-suite bath with a separate water closet and walk-in closet. The finished basement offers an additional bedroom, a bathroom, a spacious rec room, and two large storage rooms. Make the Olsen floor plan your new home in the Majestic Pointe community!

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

Taxation est. · year 1

• Rental income: $32,934
• − Mortgage interest: −$23,245
• − Property taxes: −$6,225
• − Insurance: −$2,075
• − Repairs & maintenance: −$2,635
• − Management: −$2,635
• − Depreciation: −$12,072
• Taxable loss: −$15,953
• Est. tax savings @ 24.0%: +$3,829
• After-tax cash flow: $-4,568/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 · 12 photos

Good 80/100 Cosmetic rehab

This well-maintained single-family home in the Majestic Pointe community is ready for move-in. It features a spacious layout with a finished basement, modern finishes, and a good condition score.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal
• Rental Clean gutters — Keeps home in good condition

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior trim — Enhances curb appeal ↑
• Rental Clean gutters — Keeps home in good condition ↑

ⓘ 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
▸Conglomerate	1	$371B

Price history

-1.5% since first listed

4 events — show timeline

• 2026-02-11 Price Changed $329,990 Zillow
• 2026-01-24 Price Changed $324,990 Zillow
• 2025-11-07 Price Changed $319,990 Zillow
• 2024-06-27 Listed $334,990 Zillow