703 B St · Hampton, NE 68843

$215,000

3 bd · 2.0 ba · 1,434 sqft · SingleFamily public records · 38 Days on market

Built 1996 10,019 sqft lot $150/sqft · 11% below area Est $242k · 11% under

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Why this score? — see what drove the D- 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).

• ARV discount +12.4/15.0
• Cash flow +6.9/30.0
• Schools +5.9/10.0
• Appreciation +4.4/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.1/10.0
• 1% rule +0.6/10.0

Listing remarks

Located in a desirable and developing area, this 3 bedroom, 2 bathroom home is full of potential and ready for its next chapter. Offering great bones, generous living space, and room for modern updates, this property is a fantastic opportunity whether you're a first-time homebuyer looking to build equity or an investor searching for your next project. Outside, you'll find a large shed in the backyard providing plenty of extra storage or workspace possibilities. A great opportunity in an up-and-coming neighborhood with tons of potential!

Key facts

• Extra storage
• Large shed
• Developing area

Tags

• LARGE SHED
• EXTRA STORAGE
• WORKSPACE POSSIBILITIES
• DEVELOPING AREA
• UP-AND-COMING NEIGHBORHOOD

Property features AI

Exterior

• Parking: 3-car garage with garage door opener
• Utilities: Natural gas available
• Home design: Manufactured single-family home
• Construction: Asphalt roof
• Exterior features: Patio; Shed(s)

Interior

• Kitchen: Disposal; Electric water heater; Water softener
• Bedrooms: 3 main level bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Window coverings; Smoke detectors; Crawl space basement
• Laundry & utility: Laundry on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-329 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $157k (27.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $120k (44.0% below list).
• Recommended offer: $120k (44.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#202 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Hampton Public School (rural): math 70% / reading 65% proficiency, ranked #21 of 245 in NE (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
• Zoned schools: Hampton Elementary School (math 54% / reading 54%, grade C, #161 of 502 statewide, top 38%, 110 students, 26% FRL); Hampton High School (math 54% / reading 54%, grade C-, #80 of 261 statewide, top 37%, 81 students, 31% FRL).
• Zoned-school proficiency averages 54% at this address vs 68% district-wide (-13 pts) — the specific schools serving this property underperform the Hampton Public School average; the district grade overstates school quality for this exact location.
• Market conditions: 17 active listings in the ZIP; 47 units permitted in Hamilton County in 2024 (8 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.3%/yr); year-one equity from $1k of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $89k; list at $215k implies a 142% gain — meaningful room to come down on a strong offer.

Recommended offer $120,429 (44.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 44% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.56% ✗
• Cap rate: 4.46%
• Cash-on-cash: -6.56%
• DSCR: 0.71
• GRM: 14.9

CMA / ARV

• ARV (median comp): $241,524
• List price: $215,000
• Delta: -10.98%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-1.29% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.0%
• Equity multiple: 0.33×
• Total profit: $-40,049
• Equity at exit: $48,915

10-year hold

• IRR: -9.3%
• Equity multiple: 0.21×
• Total profit: $-47,627
• Equity at exit: $48,864

Cash invested: $60,200 (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 68843

• Home prices YoY: -0.6%
• Active inventory: 17
• Price-to-rent: 14.9×

Monthly cashflow live

• Estimated rent: $1,204 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$63 /mo · $759/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $-329

Break-even live

Break-even rent $1,621

Max offer price $156,899

Occupancy floor —

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-16
   status $215,000 Pending 38 DOM
2. 2026-06-15
   days on market $215,000 Active 38 DOM
3. 2026-06-13
   days on market $215,000 Active 36 DOM
4. 2026-06-12
   days on market $215,000 Active 35 DOM
5. 2026-06-09
   days on market $215,000 Active 32 DOM
6. 2026-06-08
   days on market $215,000 Active 31 DOM
7. 2026-06-07
   days on market $215,000 Active 30 DOM
8. 2026-06-05
   days on market $215,000 Active 28 DOM
9. 2026-06-04
   days on market $215,000 Active 26 DOM
10. 2026-06-02
    days on market $215,000 Active 25 DOM
11. 2026-06-01
    days on market $215,000 Active 24 DOM
12. 2026-05-31
    days on market $215,000 Active 23 DOM
13. 2026-05-08
    listed $215,000 Active 542-char remark
14. 2007-09-08
    soldstatus $89,000

ⓘ 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: $759 · $63/mo
• Projected year-2 tax: $3,720 · $310/mo
• Expected delta: +$2,961/yr (+$247/mo · 390.3%)

ⓘ 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 ≥103°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: $14,451
• − Mortgage interest: −$12,043
• − Property taxes: −$759
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,156
• − Management: −$1,156
• − Depreciation: −$6,255
• Taxable loss: −$7,992
• Est. tax savings @ 24.0%: +$1,918
• After-tax cash flow: $-2,029/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: Hampton Public School
• NCES district ID: 3171370
• Math proficiency: 70% ▲ 5.00%
• Reading proficiency: 65% ▲ 10.00%
• Median HH income: $54,302
• Composite: 59.02/100
• National rank: #1957
• State rank: #21 of 245 in NE

Livability — Hampton

• Score: 71/100
• State rank: #202
• US rank: #7210

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hampton, NE
• Population (ZIP): 875

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 9,378 people
• By 2030: 9,448 · +0.7%
• By 2040: 9,536 · +1.7%
• By 2050: 9,575 · +2.1%
• By 2075: 10,358 · +10.4%
• By 2100: 10,504 · +12.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 5% Iranian 2% Portuguese 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Hamilton

• 2024 margin: Solid R (+60.4) · D 19.2% · R 79.6% · Other 1.1%
• 2008→2024 swing: -17.5pp toward R · 2008: -42.9pp · 2024: -60.4pp
• All cycles: 2024: R+60.4 2020: R+57.3 2016: R+59.0 2012: R+50.7 2008: R+42.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.29%
• Current HPI: 223.3443
• 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

+141.6% since first listed

3 events — show timeline

• 2026-06-15 Pending — GIBOR
• 2026-05-08 Listed $215,000 GIBOR
• 2007-09-08 Sold (Public Records) $89,000 Public Records

Property tax history

-3.9%/yr

Latest (2025): $759 · +149.1% YoY. Source: county tax records.