420 N 10th St N · Wymore, NE 68466

$77,000

3 bd · 1.0 ba · 1,361 sqft · SingleFamily public records · 113 Days on market

Built 1907 0.40 ac lot $57/sqft · 14% below area Est $143k · 46% under ↓ 36% 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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• Livability +3.7/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +1.4/10.0

Listing remarks MLS

property being sold as is with no repairs being done by seller

Key facts

• 0.4 acre lot
• Garage
• Built 1907

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $77k.

Deal economics

• At list price, monthly cash flow is $354 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $77k).
• Recommended offer: $70k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#145 in NE) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, schools D, amenities F.
• Southern School District 1 (rural): math 38% / reading 38% proficiency, ranked #224 of 245 in NE (top 91%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 8 active listings in the ZIP; 41 units permitted in Gage County in 2024 (14 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $532 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Gage County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 113 days — a 9% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: built in 1907 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $70,070 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1907 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.42% ✓
• Cap rate: 11.82%
• Cash-on-cash: 19.72%
• DSCR: 1.88
• GRM: 5.9

CMA / ARV

• ARV (median comp): $142,745
• List price: $77,000
• Delta: -46.06%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
514 N 9th St	0.09mi	3/1.0	1,288 (-5%)	7mo	$80,000	$62	81
420 W I St	0.13mi	2/1.0 (-1)	1,504 (+10%)	7mo	$150,000	$100	66
312 S 11 St	0.45mi	2/2.0 (-1)	1,340 (-2%)	3mo	$125,000	$93	65
116 S 9th St	0.32mi	4/2.0 (+1)	1,380 (+1%)	14mo	$170,000	$123	62
112 N 7th St	0.31mi	2/2.5 (-1)	1,294 (-5%)	8mo	$66,000	$51	60
200 S 9th St	0.35mi	2/2.0 (-1)	1,552 (+14%)	19mo	$134,000	$86	35

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: 11.8%
• Equity multiple: 1.47×
• Total profit: $10,096
• Equity at exit: $11,481

10-year hold

• IRR: 20.8%
• Equity multiple: 2.76×
• Total profit: $37,867
• Equity at exit: $6,658

Cash invested: $21,560 (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 68466

• Home prices YoY: -4.2%
• Active inventory: 8
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,094 medium
• Mortgage (P&I): −$404
• Tax from tax record: −$74 /mo · $890/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$230
• Net cashflow: $354

Break-even live

Break-even rent $646

Max offer price $77,000

Occupancy floor 63%

Sensitivity live

Price	-10% $398	-5% $376	+0% $354	+5% $333	+10% $311
Rent	-10% $268	-5% $311	+0% $354	+5% $398	+10% $441
Rate	-1.0pp $393	-0.5pp $374	base $354	+0.5pp $334	+1.0pp $314

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: $19,250
• Closing costs: $2,310
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-19
   days on market $77,000 Active 113 DOM
2. 2026-06-18
   days on market $77,000 Active 112 DOM
3. 2026-06-17
   days on market $77,000 Active 111 DOM
4. 2026-06-16
   days on market $77,000 Active 110 DOM
5. 2026-06-15
   days on market $77,000 Active 109 DOM
6. 2026-06-14
   days on market $77,000 Active 107 DOM
7. 2026-06-12
   days on market $77,000 Active 106 DOM
8. 2026-06-09
   days on market $77,000 Active 103 DOM
9. 2026-06-08
   days on market $77,000 Active 102 DOM
10. 2026-06-07
    days on market $77,000 Active 101 DOM
11. 2026-06-05
    days on market $77,000 Active 99 DOM
12. 2026-06-04
    days on market $77,000 Active 97 DOM
13. 2026-06-02
    days on market $77,000 Active 96 DOM
14. 2026-06-01
    days on market $77,000 Active 95 DOM
15. 2026-05-31
    days on market $77,000 Active 94 DOM
16. 2026-05-31
    days on market $77,000 Active 93 DOM
17. 2026-02-25
    listed $77,000 New 62-char remark

    Show marketing remark (62 chars)

    property being sold as is with no repairs being done by seller

18. 2025-04-11
    soldstatus $104,000
19. 2022-08-23
    soldstatus $127,000
20. 2022-08-22
    soldstatus $127,000 Sold 812-char remark

    Show marketing remark (812 chars)

    This Location! - This Property! - This House! - This one has it all at a Great Price! Here is a 3 bedroom, 1 and a quarter bath home positioned perfectly on a 1/3 acre of level yard space with flower gardens, concrete rear patio, alley access, and an extra parking area for your RV, Camper, weekend toys, etc! Inside you will find 2 bedrooms on the main floor, 1 bedroom with extra storage upstairs, gorgeous hardwood floors in the living room, spacious flex room for formal dining, large eat-in kitchen, enclosed breezeway for a drop zone or mudroom, main floor laundry, and attached garage with workshop area. This property also provides a newer roof with leaf filters installed on gutters, newer central air conditioning and newer furnace. You will not be disappointed with this home and it's incredible yard!

21. 2022-06-22
    status Pending 812-char remark

    Show marketing remark (812 chars)

    This Location! - This Property! - This House! - This one has it all at a Great Price! Here is a 3 bedroom, 1 and a quarter bath home positioned perfectly on a 1/3 acre of level yard space with flower gardens, concrete rear patio, alley access, and an extra parking area for your RV, Camper, weekend toys, etc! Inside you will find 2 bedrooms on the main floor, 1 bedroom with extra storage upstairs, gorgeous hardwood floors in the living room, spacious flex room for formal dining, large eat-in kitchen, enclosed breezeway for a drop zone or mudroom, main floor laundry, and attached garage with workshop area. This property also provides a newer roof with leaf filters installed on gutters, newer central air conditioning and newer furnace. You will not be disappointed with this home and it's incredible yard!

22. 2022-06-21
    soldstatus $119,000
23. 2022-06-20
    listed $124,900 Active - New 812-char remark

    Show marketing remark (812 chars)

    This Location! - This Property! - This House! - This one has it all at a Great Price! Here is a 3 bedroom, 1 and a quarter bath home positioned perfectly on a 1/3 acre of level yard space with flower gardens, concrete rear patio, alley access, and an extra parking area for your RV, Camper, weekend toys, etc! Inside you will find 2 bedrooms on the main floor, 1 bedroom with extra storage upstairs, gorgeous hardwood floors in the living room, spacious flex room for formal dining, large eat-in kitchen, enclosed breezeway for a drop zone or mudroom, main floor laundry, and attached garage with workshop area. This property also provides a newer roof with leaf filters installed on gutters, newer central air conditioning and newer furnace. You will not be disappointed with this home and it's incredible yard!

24. 2022-06-15
    soldstatus $119,000 Sold
25. 2022-05-21
    status Pending
26. 2022-05-19
    listed $119,900 Active - New

ⓘ 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: $890 · $74/mo
• Projected year-2 tax: $1,332 · $111/mo
• Expected delta: +$442/yr (+$37/mo · 49.7%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,130
• − Mortgage interest: −$4,313
• − Property taxes: −$890
• − Insurance: −$385
• − Repairs & maintenance: −$1,050
• − Management: −$1,050
• − Depreciation: −$2,240
• Taxable income: $3,201
• Est. tax owed @ 24.0%: −$768
• After-tax cash flow: $3,484/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: Southern School District 1
• NCES district ID: 3177180
• Math proficiency: 38% ▲ 3.00%
• Reading proficiency: 38% ▲ 3.00%
• Median HH income: $38,704
• Composite: 34.27/100
• National rank: #10239
• State rank: #224 of 245 in NE

Livability — Wymore

• Score: 73/100
• State rank: #145
• US rank: #5268

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wymore, NE
• Population (ZIP): 1,675

Population outlook (Gage County) Hauer SSP2

• Today (2025): 21,133 people
• By 2030: 20,629 · -2.4%
• By 2040: 19,398 · -8.2%
• By 2050: 18,049 · -14.6%
• By 2075: 15,504 · -26.6%
• By 2100: 12,941 · -38.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Black 1% Hispanic / Latino 1%
• Common ancestry: Italian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Gage

• 2024 margin: Solid R (+39.2) · D 29.7% · R 68.9% · Other 1.4%
• 2008→2024 swing: -29.8pp toward R · 2008: -9.5pp · 2024: -39.2pp
• All cycles: 2024: R+39.2 2020: R+36.5 2016: R+34.5 2012: R+16.8 2008: R+9.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -7.15%
• Current HPI: 163.1228
• 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

-35.8% since first listed

10 events — show timeline

• 2026-02-25 Listed $77,000 GPRMLS
• 2025-04-11 Sold (Public Records) $104,000 Public Records
• 2022-08-23 Sold (Public Records) $127,000 Public Records
• 2022-08-22 Sold (MLS) $127,000 GPRMLS
• 2022-06-22 Pending — GPRMLS
• 2022-06-21 Sold (Public Records) $119,000 Public Records
• 2022-06-20 Listed $124,900 GPRMLS
• 2022-06-15 Sold (MLS) $119,000 GPRMLS
• 2022-05-21 Pending — GPRMLS
• 2022-05-19 Listed $119,900 GPRMLS

Property tax history

+2.0%/yr

Latest (2025): $890 · +13.4% YoY. Source: county tax records.