313 N County Rd · Plymouth, NE 68424

$1

3 bd · 1.5 ba · 1,482 sqft · SingleFamily public records · 31 Days on market

Built 1918 10,454 sqft lot

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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 +23.6/30.0
• Appreciation +7.7/10.0
• DSCR +7.6/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Schools +4.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

ONLINE ONLY AUCTION ends Friday, May 15th at 6 PM (soft close). Bidding and Auction Terms and Conditions at www. bidschultis.com. The 1,482 sq ft home features a living room, dining room, kitchen, 2 bedrooms, and a bathroom on the main floor. The upstairs has a ton of possibilities! The home has a newer roof, vinyl siding, and newer windows. There is a detached garage behind the home. The lot is 75'x140'.

Key facts

• Newer roof
• 75x140 lot
• Newer windows

Tags

• NEWER ROOF
• VINYL SIDING
• NEWER WINDOWS
• DETACHED GARAGE
• 75X140 LOT

Property features AI

Exterior

• Parking: Detached garage; 2 covered parking spaces; 2 total parking spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Built in 1918; Not new / not a model
• Construction: Block foundation
• Exterior features: Porch; Lot approximately 0.24 acre (75 x 140), up to 1/4 acre

Interior

• Bedrooms: Master bedroom on the main floor; Second bedroom on the main floor; Total of 5 rooms
• Bathrooms: One bathroom on the main level; One three-quarter bathroom
• Heating & cooling: Natural gas heating; Forced air heating
• Interior features: Unfinished basement; No fireplaces

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $121,143 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $229 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

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 $7k of equity ($837 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 $34k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($0) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 181714.5% of price; built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.11% ✓
• Cap rate: 8.56%
• Cash-on-cash: 8.11%
• DSCR: 1.36
• GRM: 7.5

CMA / ARV

• ARV (median comp): $121,143
• List price: $1
• Delta: -100.00%
• Verdict: UNDERPRICED
• Comps: 7 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
102 E Main St	0.18mi	4/2.0 (+1)	1,574 (+6%)	7mo	$197,000	$125	68
203 N Madison Ave	0.18mi	3/1.0	1,444 (-3%)	22mo	$76,000	$53	67
105 S County Rd	0.22mi	2/1.0 (-1)	1,333 (-10%)	12mo	$85,000	$64	56
115 N Jefferson Ave	0.25mi	2/2.0 (-1)	1,300 (-12%)	13mo	$119,500	$92	50

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: 20.8%
• Equity multiple: 2.35×
• Total profit: $45,633
• Equity at exit: $71,945

10-year hold

• IRR: 20.3%
• Equity multiple: 4.66×
• Total profit: $124,023
• Equity at exit: $126,980

Cash invested: $33,920 (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

Monthly cashflow live

• Estimated rent: $1,350 medium
• Mortgage (P&I): −$635
• Tax est. 1.5%: −$151 /mo · $1,817/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $229

Break-even live

Break-even rent $1,060

Max offer price $121,143

Occupancy floor 78%

Sensitivity live

Price	-10% $313	-5% $271	+0% $229	+5% $187	+10% $145
Rent	-10% $123	-5% $176	+0% $229	+5% $282	+10% $336
Rate	-1.0pp $290	-0.5pp $260	base $229	+0.5pp $198	+1.0pp $166

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: $30,286
• Closing costs: $3,634
• Reserves months: —
• Total cash needed: —

Listing history 1 events

1. 2026-04-01
   listed $1 New 413-char remark

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

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: $16,197
• − Mortgage interest: −$6,786
• − Property taxes: −$1,817
• − Insurance: −$606
• − Repairs & maintenance: −$1,296
• − Management: −$1,296
• − Depreciation: −$3,524
• Taxable income: $873
• Est. tax owed @ 24.0%: −$210
• After-tax cash flow: $2,540/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

3 events — show timeline

• 2026-06-03 Sold (MLS) $47,300 GPRMLS
• 2026-05-22 Pending — GPRMLS
• 2026-04-01 Listed $1 GPRMLS

Property tax history

+3.3%/yr

Latest (2025): $806 · -10.3% YoY. Source: county tax records.