1715 W 14th St · North Platte, NE 69101

$115,000

2 bd · 1.0 ba · 1,070 sqft · SingleFamily public records · 30 Days on market

Built 1942 $107/sqft · 16% below area Est $137k · 16% under

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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 +18.3/30.0
• ARV discount +14.6/15.0
• DSCR +5.7/10.0
• 1% rule +4.2/10.0
• Schools +4.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

Key facts

• 2 garage spots
• Built 1942
• Listed 29 days

Property features AI

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residential; Residential property
• Construction: Frame construction; Vinyl siding
• Exterior features: Composition roof

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Disposal; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Heating & cooling: Baseboard heating; Window air conditioning units
• Interior features: Dishwasher; Electric range; Disposal; Microwave; Refrigerator; Crawl space basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $105 ($1k/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 $106k (7.7% below list).
• Recommended offer: $106k (7.7% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 2.5% in North Platte — 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 74/100 on livability (#109 in NE, #4,400 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities D, commute F.
• North Platte Public Schools (town): math 47% / reading 46% proficiency, ranked #77 of 111 in NE (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 190 active listings in the ZIP; 66 units permitted in Lincoln County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Lincoln County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y 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.
• Current owner paid $99k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $106,124 (7.7% below list)

Questions for the listing agent

1. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-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?
4. 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.
5. 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.
6. 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: 0.92% ✗
• Cap rate: 7.38%
• Cash-on-cash: 3.90%
• DSCR: 1.17
• GRM: 9.0

CMA / ARV

• ARV (median comp): $136,639
• List price: $115,000
• Delta: -15.84%
• 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
703 W 11th St	0.68mi	2/1.0	1,080 (+1%)	1mo	$130,000	$120	65
1621 W 9th St	0.29mi	2/1.0	984 (-8%)	14mo	$155,000	$158	62
1308 N Carr Ave	0.18mi	3/1.0 (+1)	1,222 (+14%)	4mo	$199,000	$163	60
1822 W 6th St	0.66mi	2/1.0	1,080 (+1%)	10mo	$100,000	$93	60
2202 W 14 St	0.29mi	3/1.0 (+1)	1,188 (+11%)	14mo	$135,000	$114	51
702 W 9th St	0.74mi	3/1.0 (+1)	1,083 (+1%)	12mo	$120,000	$111	49
2720 W 9th St, St	0.73mi	2/2.0	1,110 (+4%)	11mo	$118,000	$106	47
614 N Lincoln Ave	0.73mi	3/1.0 (+1)	1,152 (+8%)	3mo	$187,500	$163	46
618 N Lincoln Ave	0.72mi	3/1.0 (+1)	1,152 (+8%)	14mo	$177,000	$154	37
1810 W 5 St	0.72mi	3/1.0 (+1)	936 (-12%)	5mo	$125,000	$134	36
1311 W 5th St	0.75mi	2/1.0	960 (-10%)	15mo	$137,500	$143	36
2721 W 8th St	0.74mi	3/2.0 (+1)	1,188 (+11%)	5mo	$124,000	$104	34

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.63×
• Total profit: $-11,994
• Equity at exit: $17,147

10-year hold

• IRR: -0.9%
• Equity multiple: 0.94×
• Total profit: $-1,952
• Equity at exit: $9,943

Cash invested: $32,200 (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 69101

• Active inventory: 190
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,061 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$83 /mo · $993/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $105

Break-even live

Break-even rent $929

Max offer price $115,000

Occupancy floor 85%

Sensitivity live

Price	-10% $170	-5% $137	+0% $105	+5% $72	+10% $40
Rent	-10% $21	-5% $63	+0% $105	+5% $147	+10% $188
Rate	-1.0pp $163	-0.5pp $134	base $105	+0.5pp $75	+1.0pp $44

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-19
   days on market $115,000 Active 30 DOM
2. 2026-06-18
   days on market $115,000 Active 29 DOM
3. 2026-06-17
   days on market $115,000 Active 28 DOM
4. 2026-06-16
   days on market $115,000 Active 27 DOM
5. 2026-06-15
   days on market $115,000 Active 26 DOM
6. 2026-06-14
   days on market $115,000 Active 24 DOM
7. 2026-06-12
   statusdays on market $115,000 Active 23 DOM
8. 2026-05-08
   listed $115,000 Active 449-char remark
9. 2024-09-20
   soldstatus $99,000 Closed 228-char remark

   Show marketing remark (228 chars)

   NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

10. 2024-09-20
    soldstatus $99,000

    Show marketing remark (228 chars)

    NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

11. 2024-09-10
    status Pending 228-char remark

    Show marketing remark (228 chars)

    NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

12. 2024-09-03
    price $110,000 228-char remark

    Show marketing remark (228 chars)

    NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

13. 2024-08-06
    price $119,900 228-char remark

    Show marketing remark (228 chars)

    NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

14. 2024-07-15
    price $129,900 228-char remark

    Show marketing remark (228 chars)

    NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

15. 2024-06-20
    listed $139,900 Active 228-char remark

    Show marketing remark (228 chars)

    NEW SIDING, ROOF 2-YEARS OLD BY WEATHERCRAFT ROOFING, REMODELED BATH WITH WALK-IN SHOWER, PRIVACY FENCE, ON DEMAND WATER HEATER, UNDERGROUND SPRINKLERS. GRAVEL DRIVEWAY. CHECK OUT THE EXTRA SPACE BEHIND THE HOUSE! 220 AVAILABLE

16. 2020-11-09
    soldstatus $104,000
17. 2018-08-13
    soldstatus $35,000
18. 2018-08-13
    soldstatus $35,000
19. 2018-05-28
    listed $40,000
20. 2010-05-14
    soldstatus $20,000

ⓘ 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: $993 · $83/mo
• Projected year-2 tax: $1,990 · $166/mo
• Expected delta: +$996/yr (+$83/mo · 100.3%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 17 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: $12,735
• − Mortgage interest: −$6,442
• − Property taxes: −$993
• − Insurance: −$575
• − Repairs & maintenance: −$1,019
• − Management: −$1,019
• − Depreciation: −$3,345
• Taxable loss: −$658
• Est. tax savings @ 24.0%: +$158
• After-tax cash flow: $1,413/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: North Platte Public Schools
• NCES district ID: 3100022
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 46% ▼ -1.00%
• Median HH income: $47,348
• Composite: 39.64/100
• National rank: #3918
• State rank: #77 of 111 in NE

Livability — North Platte

• Score: 74/100
• State rank: #109
• US rank: #4400

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Platte, NE
• County: Lincoln County · 27,198 people
• City population: 27,198
• Metro: North Platte, NE
• Population (ZIP): 27,198
• Household income: $62,268
• Rent vs Own: 36.8% rent · 63.2% own
• Severe rent burden: 796.0

Population outlook (Lincoln County) Hauer SSP2

• Today (2025): 34,750 people
• By 2030: 34,004 · -2.1%
• By 2040: 32,310 · -7.0%
• By 2050: 30,918 · -11.0%
• By 2075: 29,245 · -15.8%
• By 2100: 29,116 · -16.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 10% Two or more races 5% Native American 1%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 2% Italian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 3% German/W. Germanic 1%

Political lean MEDSL · Lincoln

• 2024 margin: Solid R (+55.2) · D 21.8% · R 77.0% · Other 1.2%
• 2008→2024 swing: -19.7pp toward R · 2008: -35.5pp · 2024: -55.2pp
• All cycles: 2024: R+55.2 2020: R+54.6 2016: R+58.1 2012: R+40.6 2008: R+35.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -132.87%
• Current HPI: 174.088
• Rent YoY: —
• Metro: North Platte, 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

+475.0% since first listed

15 events — show timeline

• 2026-06-10 Relisted — LCBR
• 2026-05-29 Pending — LCBR
• 2026-05-08 Listed $115,000 LCBR
• 2024-09-20 Sold (Public Records) $99,000 Public Records
• 2024-09-20 Sold (MLS) $99,000 LCBR
• 2024-09-10 Pending — LCBR
• 2024-09-03 Price Changed $110,000 LCBR
• 2024-08-06 Price Changed $119,900 LCBR
• 2024-07-15 Price Changed $129,900 LCBR
• 2024-06-20 Listed $139,900 LCBR
• 2020-11-09 Sold (Public Records) $104,000 Public Records
• 2018-08-13 Sold (Public Records) $35,000 Public Records
• 2018-08-13 Sold (MLS) $35,000 LCBR
• 2018-05-28 Listed $40,000 LCBR
• 2010-05-14 Sold (Public Records) $20,000 Public Records

Property tax history

+6.4%/yr

Latest (2025): $993 · +12.7% YoY. Source: county tax records.