4918 N 63rd St · Omaha, NE 68104-0000

$144,900

3 bd · 1.0 ba · 1,440 sqft · SingleFamily public records · 12 Days on market

Built 1962 9,735 sqft lot Est $206k · 30% 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 +21.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +6.3/10.0
• Appreciation +5.0/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks

This beautiful home is overflowing with amenities and is waiting for its new owner to appreciate everything it has to offer! Step inside to discover a desirable, traditional floorplan, complete with an eat-in kitchen and ample cabinetry and counterspace. Living room with cozy fireplace and large windows to let the natural sunlight in. Spacious bedrooms, updated bathroom. The partially finished lower level features a rec room with bar, perfect for entertaining with family or friends, 4th non-conforming bedroom/flex room, and large storage room with workbench. Impressive, oversized detached garage. One of the best lots in town, situated on . 22 acres with fence, covered patio, mature trees, a

Key facts

• 9,735 sq ft lot
• Garage
• Built 1962

Property features AI

Exterior

• Parking: Detached garage (1 covered space, 1 total parking)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; Not new (built 1962); Main-level entry
• Construction: Masonite exterior; Composition roof; Block foundation; Below-grade finished area
• Exterior features: Front porch; Deck; Chain link fencing; Lot about 0.22 acres (approx. 59 x 165)

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Primary bedroom on main floor; Additional bedrooms on main floor
• Bathrooms: One full bathroom on the main floor
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: Electric fireplace (1); Basement with egress window

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Cap rate 8.1% vs local median 3.6% in Omaha — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 84/100 on livability (#7 in NE, #663 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
• Omaha Public Schools (urban): math 20% / reading 28% proficiency, ranked #110 of 111 in NE (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Wakonda Elementary School (math 12% / reading 22%, grade F, #471 of 502 statewide, top 95%, 325 students, 0% FRL); R M Marrs Magnet Middle School (math 21% / reading 21%, grade F, #120 of 128 statewide, top 94%, 1,066 students, 0% FRL); South High School (math 11% / reading 13%, grade F, #254 of 261 statewide, top 98%, 2,686 students, 0% FRL) — zoned schools average 0% FRL vs 62% district-wide (62 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 3 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 4,539 units permitted in Douglas County in 2024 (2,583 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($1k loan paydown + $4k appreciation (3.0% local appreciation)).
• Douglas County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $144,900

Questions for the listing agent

1. Built in 1962 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.13% ✓
• Cap rate: 8.06%
• Cash-on-cash: 6.30%
• DSCR: 1.28
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $205,920
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5317 N 64 St	0.15mi	3/1.5	1,460 (+1%)	3mo	$148,500	$102	86
4624 N 61 St	0.21mi	3/3.0	1,542 (+7%)	3mo	$237,000	$154	68
6703 Ogden St	0.39mi	3/2.0	1,516 (+5%)	1mo	$220,000	$145	68
6921 Ogden St	0.54mi	3/1.5	1,362 (-5%)	3mo	$218,000	$160	61
4606 N 54th Cir	0.69mi	4/1.5 (+1)	1,424 (-1%)	1mo	$255,000	$179	58
6504 Ames Ave	0.32mi	2/1.5 (-1)	1,262 (-12%)	2mo	$163,000	$129	56
5236 Ames Ave	0.73mi	3/2.0	1,400 (-3%)	5mo	$190,000	$136	53
5002 N 54th St	0.62mi	3/1.5	1,301 (-10%)	1mo	$147,663	$113	52
4905 N 59th St	0.34mi	3/2.5	1,653 (+15%)	4mo	$219,000	$132	50
6905 Laurel Ave	0.72mi	4/2.0 (+1)	1,375 (-4%)	2mo	$235,000	$171	48
5839 Sprague St	0.64mi	3/1.0	1,260 (-12%)	3mo	$180,000	$143	47
3829 N 65th Ave	0.70mi	3/2.0	1,620 (+12%)	4mo	$195,000	$120	39

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: 13.4%
• Equity multiple: 1.77×
• Total profit: $31,107
• Equity at exit: $65,153

10-year hold

• IRR: 15.3%
• Equity multiple: 3.26×
• Total profit: $91,840
• Equity at exit: $100,409

Cash invested: $40,572 (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 68104-0000

• Active inventory: 3
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,644 high
• Mortgage (P&I): −$760
• Tax from tax record: −$265 /mo · $3,184/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $213

Break-even live

Break-even rent $1,374

Max offer price $144,900

Occupancy floor 82%

Sensitivity live

Price	-10% $295	-5% $254	+0% $213	+5% $172	+10% $131
Rent	-10% $83	-5% $148	+0% $213	+5% $278	+10% $343
Rate	-1.0pp $286	-0.5pp $250	base $213	+0.5pp $176	+1.0pp $137

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6405 Parkview Ln Omaha, NE	3.0	1.5	1718	$1,950	$1.14	45d	1	0.27mi
6029 Nebraska Ave Omaha, NE	4.0	2.0	1840	$2,000	$1.09	25d	1	0.79mi
4114 N 54th St Omaha, NE	3.0	2.0	1683	$1,745	$1.04	4d	1	0.82mi
7323 Ames Cir Unit 7225 Omaha, NE	2.0	2.0	1632	$1,250	$0.77	4d	1	0.88mi
5615 Northampton Blvd Omaha, NE	3.0	1.0–1.5	781	$1,500	$1.92	3d	1	0.88mi
6010 Evans St Omaha, NE	3.0	2.0	1196	$1,850	$1.55	25d	1	0.89mi
6116 Pinkney St Omaha, NE	3.0	1.5	1700	$1,800	$1.06	13d	1	0.93mi
3333 N 61st St Unit 3331 Omaha, NE	2.0	1.0	1077	$1,050	$0.97	13d	1	0.99mi
6605 N 65th St Omaha, NE	3.0	1.5	1494	$1,800	$1.20	45d	1	1.02mi
4918 Ames Ave Unit 17 Omaha, NE	2.0	1.5	1074	$850	$0.79	25d	1	1.17mi
5119 Pratt St Omaha, NE	3.0	1.0	1008	$1,900	$1.88	45d	1	1.18mi
6152 Military Ave Omaha, NE	2.0	1.0–2.0	785	$1,599	$2.04	4d	6	1.21mi
4852 Boyd St Omaha, NE	2.0	2.0	912	$1,500	$1.64	45d	1	1.23mi
3204 N 56th St Omaha, NE	3.0	2.0	1800	$1,700	$0.94	11d	1	1.23mi
4657 Camden Ave Omaha, NE	3.0	1.0	1250	$1,500	$1.20	45d	1	1.30mi
2817 N 60th St Unit 2821/02 Omaha, NE	3.0	1.0	1188	$1,045	$0.88	25d	1	1.36mi
2817 N 60th St Unit 2817/02 Omaha, NE	3.0	1.0	1188	$1,500	$1.26	4d	1	1.36mi
3808 N 48th St Omaha, NE	3.0	2.0	1400	$2,000	$1.43	4d	1	1.45mi
7311 Wirt Cir Omaha, NE	1.0–2.0	1.0	850	$1,045	$1.23	25d	11	1.48mi

Listing history 9 events

1. 2026-06-15
   statusdays on market $144,900 Pending 12 DOM
2. 2026-06-13
   days on market $144,900 Active 11 DOM
3. 2026-06-10
   days on market $144,900 Active 8 DOM
4. 2026-06-09
   days on market $144,900 Active 7 DOM
5. 2026-06-08
   days on market $144,900 Active 6 DOM
6. 2026-06-07
   remarks 699-char remark
7. 2026-06-07
   statusdays on market $144,900 Active 5 DOM
8. 2026-06-03
   remarks 32-char remark
9. 2026-06-03
   listed $144,900 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: $3,184 · $265/mo
• Projected year-2 tax: $3,184 · $265/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 ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,727
• − Mortgage interest: −$8,117
• − Property taxes: −$3,184
• − Insurance: −$724
• − Repairs & maintenance: −$1,578
• − Management: −$1,578
• − Depreciation: −$4,215
• Taxable income: $331
• Est. tax owed @ 24.0%: −$79
• After-tax cash flow: $2,478/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: Omaha Public Schools
• NCES district ID: 3174820
• Math proficiency: 20% ▼ -10.00%
• Reading proficiency: 28% ▼ -5.00%
• Median HH income: $46,039
• Composite: 20.83/100
• National rank: #8502
• State rank: #110 of 111 in NE

Livability — Omaha

• Score: 84/100
• State rank: #7
• US rank: #663

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Omaha, NE

Population outlook (Douglas County) Hauer SSP2

• Today (2025): 625,245 people
• By 2030: 661,613 · +5.8%
• By 2040: 732,395 · +17.1%
• By 2050: 801,988 · +28.3%
• By 2075: 968,637 · +54.9%
• By 2100: 1,101,871 · +76.2%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• 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

1 event — show timeline

• 2026-06-02 Listed $144,900 GPRMLS

Property tax history

-5.8%/yr

Latest (2025): $3,184 · +15.7% YoY. Source: county tax records.