105 E 5 St · Stromsburg, NE 68666

$119,900

4 bd · 2.0 ba · 1,938 sqft · SingleFamily public records · 7 Days on market

Built 1910 0.25 ac lot Est $172k · 30% 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 +23.0/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• Schools +5.1/10.0
• 1% rule +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investors looking for that special gem - this is it! Located in the heart of Stromsburg, this two-story home is loaded with all the charm and craftsmanship of 1910. Large rooms, original woodwork, and timeless floorplan make this home your perfect remodel. With 1040 square feet on each of the three floors, finishing the basement would complete this home for over 3100 square feet of living bliss. This is the home of your dreams just waiting for you to make it a reality. Come see all the potential it has to offer! Home is being sold as is. AMA

Key facts

• Timeless floorplan
• Original woodwork
• 0.25 acre lot

Tags

• ORIGINAL WOODWORK
• TIMELESS FLOORPLAN
• FINISHING THE BASEMENT

Property features AI

Exterior

• Parking: Attached garage (1 covered space, 1 total parking)
• Utilities: Public water; Public sewer; Electricity available; Natural gas available
• Home design: Single-family residence; Two levels; Not new (existing home)
• Construction: Wood siding exterior; Metal roof; Block and brick/mortar foundation; Built in 1910
• Exterior features: Porch; Chain link fencing; Shed(s) on property; City lot with public sidewalk; Up to 1/4 acre lot

Interior

• Kitchen: Oven; Cooktop; Refrigerator; Vinyl flooring in kitchen
• Bedrooms: Master bedroom on 2nd floor with wall-to-wall carpeting and walk-in closet; Bedroom 2 on 2nd floor with wall-to-wall carpeting and walk-in closet; Bedroom 3 on 2nd floor with wall-to-wall carpeting and walk-in closet; Bedroom 4 on 2nd floor with wall-to-wall carpeting and walk-in closet; Office on main floor with wall-to-wall carpeting
• Flooring: Carpet; Vinyl
• Bathrooms: 3 total bathrooms (2 full, 1 three-quarter); 1 bathroom on the main level; Additional bathrooms on second floor and below grade
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: Central vacuum; Formal dining room
• Laundry & utility: Central vacuum (home system)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $212 ($3k/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 $118k (1.4% below list).
• Recommended offer: $118k (1.4% 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 $829 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.
• Current owner paid $42k; list at $120k implies a 182% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,199 (1.4% below list)

Questions for the listing agent

1. Built in 1910 — 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: 0.99% ✗
• Cap rate: 8.41%
• Cash-on-cash: 7.58%
• DSCR: 1.34
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $172,482
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
311 E 9th St	0.32mi	4/2.0	1,762 (-9%)	5mo	$149,500	$85	66
405 E 6th St	0.23mi	4/1.0	1,698 (-12%)	1mo	$158,000	$93	64
811 E 5th St	0.55mi	3/1.0 (-1)	1,680 (-13%)	12mo	$150,000	$89	32

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: -4.8%
• Equity multiple: 0.82×
• Total profit: $-5,979
• Equity at exit: $17,877

10-year hold

• IRR: 4.9%
• Equity multiple: 1.36×
• Total profit: $11,980
• Equity at exit: $10,367

Cash invested: $33,572 (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: 8.5×

Monthly cashflow live

• Estimated rent: $1,182 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$43 /mo · $517/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $212

Break-even live

Break-even rent $914

Max offer price $119,900

Occupancy floor 77%

Sensitivity live

Price	-10% $280	-5% $246	+0% $212	+5% $178	+10% $144
Rent	-10% $119	-5% $165	+0% $212	+5% $259	+10% $305
Rate	-1.0pp $272	-0.5pp $242	base $212	+0.5pp $181	+1.0pp $149

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-06-21
   days on market $119,900 Active 7 DOM
2. 2026-06-18
   statusdays on market $119,900 Active 5 DOM
3. 2026-06-17
   days on market $119,900 New 4 DOM
4. 2026-06-16
   days on market $119,900 New 3 DOM
5. 2026-06-15
   days on market $119,900 New 2 DOM
6. 2026-06-13
   remarks 547-char remark
7. 2026-06-13
   listed $119,900 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: $517 · $43/mo
• Projected year-2 tax: $2,074 · $173/mo
• Expected delta: +$1,557/yr (+$130/mo · 300.9%)

ⓘ 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: $14,184
• − Mortgage interest: −$6,716
• − Property taxes: −$517
• − Insurance: −$600
• − Repairs & maintenance: −$1,135
• − Management: −$1,135
• − Depreciation: −$3,488
• Taxable income: $593
• Est. tax owed @ 24.0%: −$142
• After-tax cash flow: $2,401/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

+182.1% since first listed

2 events — show timeline

• 2026-06-13 Listed $119,900 GPRMLS
• 2019-10-04 Sold (Public Records) $42,500 Public Records

Property tax history

-2.1%/yr

Latest (2025): $517 · -49.1% YoY. Source: county tax records.