17275 W Dld Rd · Kenesaw, NE 68956

$100,000

4 bd · 3.0 ba · 1,712 sqft · SingleFamily public records · 30 Days on market

Built 1970 Fair condition

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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 +25.7/30.0
• DSCR +8.6/10.0
• 1% rule +8.3/10.0
• ARV discount +7.5/15.0
• Appreciation +7.4/10.0
• Schools +4.5/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks

ONLINE ONLY REAL ESTATE AUCTION - (LIST PRICE IS SUGGESTED/OPENING BID ONLY, FINAL PRICE WILL BE DETERMINED ON THE AUCTION) 17275 W DLD RD - Kenesaw, NE ONLINE ONLY REAL ESTATE AUCTION PROPERTY SHOWN BY APPT ONLY! Rare opportunity to own a country acreage with endless potential! Situated on 7.1± acres, this property offers space, privacy, and a well-established setting with mature trees and a beautiful yard. The home features a functional layout with a living room, dining room, kitchen, laundry room, main-floor storage, 4 bedrooms, and 2.5 bathrooms. A full unfinished basement provides excellent expansion possibilities with existing stud walls, some plumbing fixtures already in p

Key facts

• Country acreage
• Functional layout
• Beautiful yard

Tags

• COUNTRY ACREAGE
• MATURE TREES
• BEAUTIFUL YARD
• FUNCTIONAL LAYOUT
• FULL UNFINISHED BASEMENT
• MULTIPLE OUTBUILDINGS

Property features AI

Finance

• Other: Listing broker: Rhynalds Auction & Realty; Listing agent: Rusty Rhynalds
• Financial info: Annual tax approximately $2,995.52

Exterior

• Parking: Attached 2-car garage
• Home design: Residential property; Auction property sub-type
• Exterior features: 7.1-acre lot; Residential zoning

Interior

• Bathrooms: Two main-level bathrooms
• Interior features: Basement present

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $100k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $239 ($3k/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: $98k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#173 in NE) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Kenesaw Public Schools (rural): math 45% / reading 55% proficiency, ranked #138 of 245 in NE (top 56%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 8 active listings in the ZIP; 217 units permitted in Adams County in 2024 (132 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($691 loan paydown + $5k appreciation (4.9% local appreciation)).
• At projected returns (4.9% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price.

Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1970 — 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 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: 1.33% ✓
• Cap rate: 9.16%
• Cash-on-cash: 10.23%
• DSCR: 1.46
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.86% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.4%
• Equity multiple: 2.34×
• Total profit: $37,521
• Equity at exit: $55,790

10-year hold

• IRR: 21.1%
• Equity multiple: 4.60×
• Total profit: $100,884
• Equity at exit: $95,567

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 68956

• Home prices YoY: 1.7%
• Active inventory: 8
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,335 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$250 /mo · $2,996/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$280
• Net cashflow: $239

Break-even live

Break-even rent $1,033

Max offer price $100,000

Occupancy floor 77%

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 1 events

1. 2026-03-11
   listed $100,000 Active 2498-char remark

ⓘ 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: $2,996 · $250/mo
• Projected year-2 tax: $2,996 · $250/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥101°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: $16,016
• − Mortgage interest: −$5,602
• − Property taxes: −$2,996
• − Insurance: −$500
• − Repairs & maintenance: −$1,281
• − Management: −$1,281
• − Depreciation: −$2,909
• Taxable income: $1,447
• Est. tax owed @ 24.0%: −$347
• After-tax cash flow: $2,517/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This property requires significant repairs and updates to improve its condition and value. The exterior and interior need fresh paint, and the HVAC system should be replaced. Landscaping and kitchen/bathroom updates would also greatly enhance its appeal.

Repairs flagged

• Major siding — Severe weathering and peeling
• Major paint — Peeling and worn
• Major flooring — Worn and damaged
• Major interior walls — Worn paint and discoloration
• Major bathrooms — Old fixtures and dated decor
• Major kitchen — Old cabinets and appliances
• Major HVAC/mechanicals — Likely outdated and in need of replacement
• Major landscaping — Overgrown yard and lack of landscaping

Value-add opportunities

• Both paint job — Fresh paint can improve curb appeal and interior aesthetics
• Both HVAC replacement — Modern HVAC can improve comfort and energy efficiency
• Both landscaping — Landscaping can enhance curb appeal and property value
• Both kitchen and bathroom updates — Modernizing these spaces can significantly increase value

Renovation cost estimate screening

Repair item	Severity	Est. cost
siding · Severe weathering and peeling	Major	$15,000–50,000
paint · Peeling and worn	Major	$15,000–50,000
flooring · Worn and damaged	Major	$15,000–50,000
interior walls · Worn paint and discoloration	Major	$15,000–50,000
bathrooms · Old fixtures and dated decor	Major	$15,000–50,000
kitchen · Old cabinets and appliances	Major	$15,000–50,000
HVAC/mechanicals · Likely outdated and in need of replacement	Major	$15,000–50,000
landscaping · Overgrown yard and lack of landscaping	Major	$15,000–50,000
Total estimated repair cost · 8 items		$120,000–400,000

Value-add ROI direction

• Both paint job — Fresh paint can improve curb appeal and interior aesthetics ↑
• Both HVAC replacement — Modern HVAC can improve comfort and energy efficiency ↑
• Both landscaping — Landscaping can enhance curb appeal and property value ↑
• Both kitchen and bathroom updates — Modernizing these spaces can significantly increase value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Kenesaw Public Schools
• NCES district ID: 3172420
• Math proficiency: 45% ▼ -15.00%
• Reading proficiency: 55% ▬ 0.00%
• Median HH income: $57,176
• Composite: 45.47/100
• National rank: #5691
• State rank: #138 of 245 in NE

Livability — Kenesaw

• Score: 72/100
• State rank: #173
• US rank: #6160

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,108

Population outlook (Adams County) Hauer SSP2

• Today (2025): 31,965 people
• By 2030: 32,079 · +0.4%
• By 2040: 31,999 · +0.1%
• By 2050: 31,586 · -1.2%
• By 2075: 30,856 · -3.5%
• By 2100: 29,948 · -6.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Hispanic / Latino 3%
• Common ancestry: Portuguese 4% Italian 2% Slovene 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Adams

• 2024 margin: Solid R (+41.6) · D 28.5% · R 70.2% · Other 1.3%
• 2008→2024 swing: -14.6pp toward R · 2008: -27.0pp · 2024: -41.6pp
• All cycles: 2024: R+41.6 2020: R+40.1 2016: R+45.0 2012: R+34.1 2008: R+27.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.86%
• Current HPI: 290.1855
• 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

2 events — show timeline

• 2026-05-28 Pending — GMNMLS
• 2026-03-11 Listed $100,000 GMNMLS

Property tax history

+2.6%/yr

Latest (2025): $2,996 · -2.5% YoY. Source: county tax records.