701 Vine St · Bancroft, NE 68004

$100,000

3 bd · 2.0 ba · 2,013 sqft · SingleFamily public records · 93 Days on market

Built 1900 0.25 ac lot $50/sqft · 40% below area Est $133k · 25% under

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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 +29.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.5/10.0
• Appreciation +5.0/10.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Updated 3-bedroom, 1.5-bath home conveniently located next to the school. Fresh paint and new flooring throughout give the home a clean, modern feel. Major updates include a new HVAC system in 2023 and a durable metal roof replaced in 2015. The oversized detached 2-car garage offers additional space for a workshop, hobbies, or extra storage. Enjoy the large fenced backyard with fencing replaced within the last 5 years—perfect for entertaining, pets, or outdoor activities.

Key facts

• Private outdoor area
• Fenced-in backyard
• 0.25 acre lot

Tags

• INVESTMENT OPPORTUNITY
• FENCED-IN BACKYARD
• PRIVATE OUTDOOR AREA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $368 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $91k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#201 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: employment D, amenities F, commute F.
• Bancroft-Rosalie Community Schools (rural): math 50% / reading 40% proficiency, ranked #184 of 245 in NE (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bancroft-Rosalie Elementary School (math 47% / reading 37%, grade F, #319 of 502 statewide, top 68%, 162 students, 0% FRL); Bancroft-Rosalie Jr/Sr High School (math 34% / reading 54%, grade F, #146 of 261 statewide, top 67%, 149 students, 0% FRL) — zoned schools average 0% FRL vs 31% district-wide (31 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 2 active listings in the ZIP; 13 units permitted in Cuming County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $3k appreciation (3.0% local appreciation)).
• Cuming County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $19k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $31k; list at $100k implies a 220% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $91,000 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 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 1900 — 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 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?
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: 1.25% ✓
• Cap rate: 10.71%
• Cash-on-cash: 15.78%
• DSCR: 1.70
• GRM: 6.7

CMA / ARV

• ARV (median comp): $132,572
• List price: $100,000
• Delta: -24.57%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 Elm St	0.19mi	4/1.5 (+1)	1,736 (-14%)	17mo	$130,000	$75	47

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: 22.3%
• Equity multiple: 2.27×
• Total profit: $35,469
• Equity at exit: $44,964

10-year hold

• IRR: 23.3%
• Equity multiple: 4.34×
• Total profit: $93,384
• Equity at exit: $69,295

Cash invested: $28,000 (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 68004

• Active inventory: 2
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,249 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$53 /mo · $631/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $368

Break-even live

Break-even rent $783

Max offer price $100,000

Occupancy floor 66%

Sensitivity live

Price	-10% $425	-5% $396	+0% $368	+5% $340	+10% $312
Rent	-10% $269	-5% $319	+0% $368	+5% $417	+10% $467
Rate	-1.0pp $419	-0.5pp $394	base $368	+0.5pp $342	+1.0pp $316

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-21
   days on market $100,000 Active 93 DOM
2. 2026-06-21
   days on market $100,000 Active 92 DOM
3. 2026-06-18
   days on market $100,000 Active 90 DOM
4. 2026-06-17
   days on market $100,000 Active 89 DOM
5. 2026-06-16
   days on market $100,000 Active 88 DOM
6. 2026-06-15
   days on market $100,000 Active 87 DOM
7. 2026-06-13
   days on market $100,000 Active 85 DOM
8. 2026-06-12
   remarks 493-char remark
9. 2026-06-12
   days on market $100,000 Active 84 DOM
10. 2026-06-09
    days on market $100,000 Active 81 DOM
11. 2026-06-08
    days on market $100,000 Active 80 DOM
12. 2026-06-07
    days on market $100,000 Active 79 DOM
13. 2026-06-05
    pricedays on market $100,000 Active 77 DOM
14. 2026-06-04
    days on market $110,000 Active 75 DOM
15. 2026-06-02
    days on market $110,000 Active 74 DOM
16. 2026-06-01
    days on market $110,000 Active 73 DOM
17. 2026-05-31
    days on market $110,000 Active 72 DOM
18. 2026-05-12
    price $110,000 482-char remark

    Show marketing remark (482 chars)

    Updated 3-bedroom, 1.5-bath home conveniently located next to the school. Fresh paint and new flooring throughout give the home a clean, modern feel. Major updates include a new HVAC system in 2023 and a durable metal roof replaced in 2015. The oversized detached 2-car garage offers additional space for a workshop, hobbies, or extra storage. Enjoy the large fenced backyard with fencing replaced within the last 5 years—perfect for entertaining, pets, or outdoor activities.

19. 2026-03-18
    listed $119,000 New 482-char remark

    Show marketing remark (482 chars)

    Updated 3-bedroom, 1.5-bath home conveniently located next to the school. Fresh paint and new flooring throughout give the home a clean, modern feel. Major updates include a new HVAC system in 2023 and a durable metal roof replaced in 2015. The oversized detached 2-car garage offers additional space for a workshop, hobbies, or extra storage. Enjoy the large fenced backyard with fencing replaced within the last 5 years—perfect for entertaining, pets, or outdoor activities.

20. 2025-03-16
    historical
21. 2025-02-03
    status New
22. 2024-11-13
    historical
23. 2024-09-15
    listed $114,900 New
24. 2020-12-14
    soldstatus $31,250

ⓘ 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: $631 · $53/mo
• Projected year-2 tax: $1,730 · $144/mo
• Expected delta: +$1,099/yr (+$92/mo · 174.1%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 15 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: $14,990
• − Mortgage interest: −$5,602
• − Property taxes: −$631
• − Insurance: −$500
• − Repairs & maintenance: −$1,199
• − Management: −$1,199
• − Depreciation: −$2,909
• Taxable income: $2,950
• Est. tax owed @ 24.0%: −$708
• After-tax cash flow: $3,710/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: Bancroft-Rosalie Community Schools
• NCES district ID: 3103440
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 40% ▼ -5.00%
• Median HH income: $46,592
• Composite: 40.56/100
• National rank: #7668
• State rank: #184 of 245 in NE

Livability — Bancroft

• Score: 71/100
• State rank: #201
• US rank: #7171

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bancroft, NE
• Population (ZIP): 993

Population outlook (Cuming County) Hauer SSP2

• Today (2025): 9,300 people
• By 2030: 9,384 · +0.9%
• By 2040: 9,575 · +3.0%
• By 2050: 9,783 · +5.2%
• By 2075: 10,835 · +16.5%
• By 2100: 11,285 · +21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Native American 2% Two or more races 2% Hispanic / Latino 1% Asian 1%
• Common ancestry: Romanian 1% Portuguese 1% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 94% English-only · Other Asian/Pacific 3% Spanish 3%

Political lean MEDSL · Cuming

• 2024 margin: Solid R (+60.0) · D 19.5% · R 79.5%
• 2008→2024 swing: -24.4pp toward R · 2008: -35.7pp · 2024: -60.0pp
• All cycles: 2024: R+60.0 2020: R+59.1 2016: R+59.8 2012: R+46.9 2008: R+35.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+252.0% since first listed

7 events — show timeline

• 2026-05-12 Price Changed $110,000 GPRMLS
• 2026-03-18 Listed $119,000 GPRMLS
• 2025-03-16 Listing Removed — GPRMLS
• 2025-02-03 Relisted — GPRMLS
• 2024-11-13 Listing Removed — GPRMLS
• 2024-09-15 Listed $114,900 GPRMLS
• 2020-12-14 Sold (Public Records) $31,250 Public Records

Property tax history

+9.1%/yr

Latest (2025): $631 · +33.1% YoY. Source: county tax records.