108 E Alden St · Plymouth, NE 68424

$129,000

3 bd · 2.0 ba · 1,028 sqft · SingleFamily public records · 3 Days on market

Built 1964 0.26 ac lot Est $90k · 43% over

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Why this score? — see what drove the D+ 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 +18.9/30.0
• Appreciation +7.7/10.0
• DSCR +6.0/10.0
• Schools +4.9/10.0
• 1% rule +4.3/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

This 3 bedroom 1 full bath on the main floor has a lot to offer. Large Kitchen with room for a dinning table. Large window in the living room provides natural light. One stall garage attached off the kitchen for east entry. Basement has full potential to make it however you want with its large open spaces with the laundry and 3/4 bath to top it off. Newer updates of the roof/gutters, AC, water heater and brand new sump pump have been made. Large front and backyard for kids or animals to play! Call today for a showing!

Key facts

• Nicely shaded lot
• New flooring
• Remodeled kitchen

Tags

• NEW FLOORING
• REMODELED KITCHEN
• FULL BATH
• FINISHED BASEMENT
• NICELY SHADED LOT

Property features AI

Exterior

• Parking: Attached covered garage with 1 parking space
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; Built in 1964
• Construction: Block foundation
• Exterior features: Porch; Patio; Lot about 0.26 acre (approximately 75 x 150)

Interior

• Kitchen: Includes Range, Refrigerator, Dishwasher
• Bedrooms: Master bedroom on the main floor; All bedrooms on the main floor
• Bathrooms: 2 bathrooms (1 full, 1 quarter)
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Range, Refrigerator, Dishwasher; Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $133 ($2k/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 $119k (7.4% below list).
• Recommended offer: $119k (7.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 58/100 on livability (#494 in NE) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D, amenities F.
• Tri County Public Schools (rural): math 56% / reading 58% proficiency, ranked #28 of 111 in NE (top 25%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Tri County Elementary School (math 62% / reading 62%, grade B, #93 of 502 statewide, top 21%, 238 students, 30% FRL); Tri County Jr-Sr High School (math 47% / reading 57%, grade D+, #98 of 261 statewide, top 40%, 192 students, 35% FRL).
• Market conditions: 5 active listings in the ZIP; 9 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($892 loan paydown + $7k appreciation (5.4% local appreciation)).
• Jefferson County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (5.4% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 14y 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 $78k; list at $129k implies a 64% gain — meaningful room to come down on a strong offer.

Recommended offer $119,458 (7.4% below list)

Questions for the listing agent

1. Built in 1964 — 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 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.93% ✗
• Cap rate: 7.53%
• Cash-on-cash: 4.41%
• DSCR: 1.20
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $90,464
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
309 N County Rd	0.31mi	2/1.5 (-1)	1,053 (+2%)	9mo	$93,000	$88	67

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

Projected returns pro-forma

5.44% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 2.15×
• Total profit: $41,450
• Equity at exit: $76,611

10-year hold

• IRR: 17.6%
• Equity multiple: 4.23×
• Total profit: $116,503
• Equity at exit: $135,216

Cash invested: $36,120 (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 68424

• Home prices YoY: 1.9%
• Active inventory: 5
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,195 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$81 /mo · $969/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $133

Break-even live

Break-even rent $1,027

Max offer price $129,000

Occupancy floor 84%

Sensitivity live

Price	-10% $206	-5% $169	+0% $133	+5% $96	+10% $60
Rent	-10% $38	-5% $86	+0% $133	+5% $180	+10% $227
Rate	-1.0pp $198	-0.5pp $166	base $133	+0.5pp $99	+1.0pp $65

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-07
   statusdays on market $129,000 Pending 3 DOM
2. 2026-06-04
   days on market $129,000 New 2 DOM
3. 2026-06-01
   remarks 494-char remark
4. 2026-06-01
   listed $129,000 New 1 DOM

ⓘ 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: $969 · $81/mo
• Projected year-2 tax: $2,232 · $186/mo
• Expected delta: +$1,262/yr (+$105/mo · 130.2%)

ⓘ 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,335
• − Mortgage interest: −$7,226
• − Property taxes: −$969
• − Insurance: −$645
• − Repairs & maintenance: −$1,147
• − Management: −$1,147
• − Depreciation: −$3,753
• Taxable loss: −$552
• Est. tax savings @ 24.0%: +$132
• After-tax cash flow: $1,725/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: Tri County Public Schools
• NCES district ID: 3105970
• Math proficiency: 56% ▲ 6.00%
• Reading proficiency: 58% ▲ 8.00%
• Median HH income: $51,517
• Composite: 48.73/100
• National rank: #2098
• State rank: #28 of 111 in NE

Livability — Plymouth

• Score: 58/100
• State rank: #494
• US rank: #21099

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Plymouth, NE
• Population (ZIP): 747

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 6,961 people
• By 2030: 6,831 · -1.9%
• By 2040: 6,590 · -5.3%
• By 2050: 6,510 · -6.5%
• By 2075: 6,831 · -1.9%
• By 2100: 7,072 · +1.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Two or more races 2%
• Common ancestry: French 4% Lithuanian 2% Iranian 1%
• Foreign-born: 7%
• Languages at home: 97% English-only · Spanish 3%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+45.3) · D 26.7% · R 72.0% · Other 1.4%
• 2008→2024 swing: -29.6pp toward R · 2008: -15.8pp · 2024: -45.3pp
• All cycles: 2024: R+45.3 2020: R+42.9 2016: R+45.4 2012: R+28.4 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.44%
• Current HPI: 294.943
• 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

+99.4% since first listed

12 events — show timeline

• 2026-05-29 Listed $129,000 GPRMLS
• 2021-05-27 Sold (MLS) $78,500 GPRMLS
• 2021-05-27 Sold (MLS) $78,500 GPRMLS
• 2021-05-26 Sold (Public Records) $78,500 Public Records
• 2021-03-30 Pending — GPRMLS
• 2021-03-29 Listing Removed — GPRMLS
• 2021-03-25 Listed $78,500 GPRMLS
• 2021-03-25 Listed $78,500 GPRMLS
• 2012-08-17 Sold (MLS) $54,000 GPRMLS
• 2012-08-14 Sold (Public Records) $54,000 Public Records
• 2012-06-06 Listed $59,000 GPRMLS
• 1998-12-14 Sold (Public Records) $64,700 Public Records

Property tax history

-0.7%/yr

Latest (2025): $969 · -9.9% YoY. Source: county tax records.