105 E 7th St · Stromsburg, NE 68666

$129,000

3 bd · 1.0 ba · 1,676 sqft · SingleFamily public records · 7 Days on market

Built 1936 8,276 sqft lot $77/sqft · 15% below area Est $152k · 15% under

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Why this score? — see what drove the C- 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 +14.7/30.0
• ARV discount +14.4/15.0
• Schools +5.1/10.0
• DSCR +4.5/10.0
• Livability +4.0/5.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home is so much more than a 2 Br home! The 2nd level has 640 sq feet of potential. The homeowners have framed out and added foam insulation for a large master suite. There is already plumbing for the new claw foot tub, a new vanity & 10 boxes of laminate flooring. Instant equity once finished. The basement has nice high ceilings & an open 24 x 25 ft area to finish plus several other good sized rooms. This one is priced to sell-Make an appointment today!

Key facts

• Full basement
• Enclosed porch
• 8,276 sq ft lot

Tags

• FULL BASEMENT
• ENCLOSED PORCH
• DEDICATED DINING AREA

Property features AI

Exterior

• Parking: Attached garage (1 covered space / 1 total parking space)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-and-one-half story; Not new / not a model
• Construction: Built in 1936; Foundation: Other
• Exterior features: Patio; Enclosed porch; City lot; Lot approx. 60' x 144' (about 0.19 acre)

Interior

• Kitchen: Range; Refrigerator; Disposal
• Bedrooms: Master bedroom on main floor (approx. 10' x 12'); Bedroom 2 on main floor (approx. 10' x 12'); Bedroom 3 on 2nd floor (approx. 13' x 15'); Bedroom 4 on 2nd floor (approx. 13' x 13')
• Bathrooms: 2 bathrooms total — 1 full and 1 half; At least one main-level bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Ceiling fan(s); Unfinished basement (basement present)
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $32 ($386/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 $110k (15.0% below list).
• Recommended offer: $110k (15.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#33 in NE, #1,859 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Cross County Community Schools (rural): math 60% / reading 55% proficiency, ranked #73 of 245 in NE (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Cross County Elementary School (math 72% / reading 62%, grade B+, #64 of 502 statewide, top 14%, 169 students, 31% FRL); Cross County Middle School (math 57% / reading 52%, grade B-, #32 of 128 statewide, top 28%, 75 students, 45% FRL); Cross County High School (math 70% / reading 70%, grade B, #13 of 261 statewide, top 7%, 123 students, 30% FRL).
• Market conditions: 9 active listings in the ZIP; 14 units permitted in Polk County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 11y 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 1936 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,705 (15.0% below list)

Questions for the listing agent

1. Built in 1936 — 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 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?
4. 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.
5. 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.
6. 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: 0.85% ✗
• Cap rate: 6.59%
• Cash-on-cash: 1.07%
• DSCR: 1.05
• GRM: 9.8

CMA / ARV

• ARV (median comp): $152,254
• List price: $129,000
• Delta: -15.27%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
107 E 7th St	0.01mi	3/1.5	1,630 (-3%)	2mo	$98,000	$60	91
405 E 6th St	0.23mi	4/1.0 (+1)	1,698 (+1%)	1mo	$158,000	$93	81
311 E 9th St	0.21mi	4/2.0 (+1)	1,762 (+5%)	5mo	$149,500	$85	68
811 E 5th St	0.57mi	3/1.0	1,680 (+0%)	12mo	$150,000	$89	63
1010 Commercial St	0.24mi	2/3.0 (-1)	1,456 (-13%)	13mo	$110,000	$76	43

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: -14.6%
• Equity multiple: 0.48×
• Total profit: $-18,874
• Equity at exit: $19,234

10-year hold

• IRR: -6.0%
• Equity multiple: 0.62×
• Total profit: $-13,872
• Equity at exit: $11,154

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 68666

• Home prices YoY: -18.9%
• Active inventory: 9
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,097 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$104 /mo · $1,251/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$230
• Net cashflow: $32

Break-even live

Break-even rent $1,056

Max offer price $129,000

Occupancy floor 92%

Sensitivity live

Price	-10% $105	-5% $69	+0% $32	+5% $-4	+10% $-41
Rent	-10% $-55	-5% $-11	+0% $32	+5% $75	+10% $119
Rate	-1.0pp $97	-0.5pp $65	base $32	+0.5pp $-1	+1.0pp $-35

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 11 events

1. 2026-05-04
   status Pending 881-char remark
2. 2026-04-22
   listed $129,000 New 881-char remark
3. 2018-05-23
   soldstatus $74,000 470-char remark

   Show marketing remark (470 chars)

   This home is so much more than a 2 Br home! The 2nd level has 640 sq feet of potential. The homeowners have framed out and added foam insulation for a large master suite. There is already plumbing for the new claw foot tub, a new vanity & 10 boxes of laminate flooring. Instant equity once finished. The basement has nice high ceilings & an open 24 x 25 ft area to finish plus several other good sized rooms. This one is priced to sell-Make an appointment today!

4. 2018-05-23
   soldstatus $74,000

   Show marketing remark (470 chars)

   This home is so much more than a 2 Br home! The 2nd level has 640 sq feet of potential. The homeowners have framed out and added foam insulation for a large master suite. There is already plumbing for the new claw foot tub, a new vanity & 10 boxes of laminate flooring. Instant equity once finished. The basement has nice high ceilings & an open 24 x 25 ft area to finish plus several other good sized rooms. This one is priced to sell-Make an appointment today!

5. 2018-04-05
   listed $75,000 470-char remark

   Show marketing remark (470 chars)

   This home is so much more than a 2 Br home! The 2nd level has 640 sq feet of potential. The homeowners have framed out and added foam insulation for a large master suite. There is already plumbing for the new claw foot tub, a new vanity & 10 boxes of laminate flooring. Instant equity once finished. The basement has nice high ceilings & an open 24 x 25 ft area to finish plus several other good sized rooms. This one is priced to sell-Make an appointment today!

6. 2017-06-30
   historical
7. 2017-06-21
   listed $75,000
8. 2015-09-09
   soldstatus $63,000
9. 2015-09-09
   soldstatus $63,000
10. 2015-06-22
    listed $67,000
11. 2010-03-10
    soldstatus $32,000

ⓘ 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: $1,251 · $104/mo
• Projected year-2 tax: $2,232 · $186/mo
• Expected delta: +$980/yr (+$82/mo · 78.4%)

ⓘ 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 · 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: $13,165
• − Mortgage interest: −$7,226
• − Property taxes: −$1,251
• − Insurance: −$645
• − Repairs & maintenance: −$1,053
• − Management: −$1,053
• − Depreciation: −$3,753
• Taxable loss: −$1,817
• Est. tax savings @ 24.0%: +$436
• After-tax cash flow: $822/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: Cross County Community Schools
• NCES district ID: 3100130
• Math proficiency: 60% ▬ 0.00%
• Reading proficiency: 55% ▼ -5.00%
• Median HH income: $57,575
• Composite: 51.45/100
• National rank: #3686
• State rank: #73 of 245 in NE

Livability — Stromsburg

• Score: 80/100
• State rank: #33
• US rank: #1859

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stromsburg, NE
• Population (ZIP): 1,598

Population outlook (Polk County) Hauer SSP2

• Today (2025): 5,114 people
• By 2030: 5,091 · -0.4%
• By 2040: 5,081 · -0.6%
• By 2050: 5,142 · +0.5%
• By 2075: 5,836 · +14.1%
• By 2100: 6,569 · +28.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Lithuanian 4% Iranian 3% Portuguese 3%
• Foreign-born: 1% · China, Canada
• Languages at home: 96% English-only · Spanish 2% Chinese 1% Arabic 1%

Political lean MEDSL · Polk

• 2024 margin: Solid R (+63.7) · D 17.8% · R 81.5%
• 2008→2024 swing: -18.3pp toward R · 2008: -45.4pp · 2024: -63.7pp
• All cycles: 2024: R+63.7 2020: R+61.0 2016: R+63.4 2012: R+55.6 2008: R+45.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -43.52%
• Current HPI: 187.4189
• 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

+265.6% since first listed

12 events — show timeline

• 2026-06-15 Sold (MLS) $117,000 GPRMLS
• 2026-05-04 Pending — GPRMLS
• 2026-04-22 Listed $129,000 GPRMLS
• 2018-05-23 Sold (Public Records) $74,000 Public Records
• 2018-05-23 Sold (MLS) $74,000 GPRMLS
• 2018-04-05 Listed $75,000 GPRMLS
• 2017-06-30 Listing Removed — GPRMLS
• 2017-06-21 Listed $75,000 GPRMLS
• 2015-09-09 Sold (Public Records) $63,000 Public Records
• 2015-09-09 Sold (MLS) $63,000 GPRMLS
• 2015-06-22 Listed $67,000 GPRMLS
• 2010-03-10 Sold (Public Records) $32,000 Public Records

Property tax history

+5.7%/yr

Latest (2025): $1,251 · -2.7% YoY. Source: county tax records.