310 D · Stapleton, NE 69163

$69,000

2 bd · 2.0 ba · 1,056 sqft · SingleFamily · 189 Days on market

Built 1920 Good condition 5,600 sqft lot $65/sqft · 54% below area ↓ 33% since listing

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• ARV discount +7.5/15.0
• Schools +5.8/10.0
• Appreciation +5.0/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

New Metal Roof, new Metal Siding 75% of the home, New Windows, newly remodeled downstairs bathroom in 2025, New flooring throughout the home, New main sewer line to house 2024, All lines for a mini split have been installed 2025 just needs unit, New Drywall, Installation, Wiring and Breaker box 2025. AS IS Where Is

Key facts

• 5,600 sq ft lot
• Garage
• Built 1920

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $69k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $277 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($954 rent vs $69k).
• Recommended offer: $61k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#356 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, schools A, housing B; Watch: crime C-, health & safety C-, employment D.
• Stapleton Public Schools (rural): math 70% / reading 65% proficiency, ranked #25 of 245 in NE (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 3 active listings in the ZIP.

Forward outlook

• In year one you build about $3k of equity ($477 loan paydown + $2k appreciation (3.0% local appreciation)).
• At projected returns (3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 189 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $51k (42%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $60,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 189 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.38% ✓
• Cap rate: 11.11%
• Cash-on-cash: 17.20%
• DSCR: 1.77
• GRM: 6.0

CMA / ARV

• ARV (median comp): $148,661
• List price: $69,000
• Delta: -53.59%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 23.7%
• Equity multiple: 2.34×
• Total profit: $25,966
• Equity at exit: $31,025

10-year hold

• IRR: 24.5%
• Equity multiple: 4.51×
• Total profit: $67,746
• Equity at exit: $47,814

Cash invested: $19,320 (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 69163

• Active inventory: 3
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $954 medium
• Mortgage (P&I): −$362
• Tax est. 1.5%: −$86 /mo · $1,035/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$200
• Net cashflow: $277

Break-even live

Break-even rent $604

Max offer price $69,000

Occupancy floor 66%

Sensitivity live

Price	-10% $325	-5% $301	+0% $277	+5% $253	+10% $229
Rent	-10% $202	-5% $239	+0% $277	+5% $315	+10% $352
Rate	-1.0pp $312	-0.5pp $295	base $277	+0.5pp $259	+1.0pp $241

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: $17,250
• Closing costs: $2,070
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-12
   statusdays on market $69,000 Pending 189 DOM
2. 2026-06-09
   pricedays on market $69,000 Active 187 DOM
3. 2026-06-08
   days on market $79,900 Active 186 DOM
4. 2026-06-07
   days on market $79,900 Active 185 DOM
5. 2026-06-05
   days on market $79,900 Active 183 DOM
6. 2026-06-03
   days on market $79,900 Active 181 DOM
7. 2026-06-02
   days on market $79,900 Active 180 DOM
8. 2026-06-01
   days on market $79,900 Active 179 DOM
9. 2026-05-31
   days on market $79,900 Active 178 DOM
10. 2026-05-30
    days on market $79,900 Active 177 DOM
11. 2026-04-08
    status Active 317-char remark

    Show marketing remark (317 chars)

    New Metal Roof, new Metal Siding 75% of the home, New Windows, newly remodeled downstairs bathroom in 2025, New flooring throughout the home, New main sewer line to house 2024, All lines for a mini split have been installed 2025 just needs unit, New Drywall, Installation, Wiring and Breaker box 2025. AS IS Where Is

12. 2026-03-23
    status Pending 317-char remark

    Show marketing remark (317 chars)

    New Metal Roof, new Metal Siding 75% of the home, New Windows, newly remodeled downstairs bathroom in 2025, New flooring throughout the home, New main sewer line to house 2024, All lines for a mini split have been installed 2025 just needs unit, New Drywall, Installation, Wiring and Breaker box 2025. AS IS Where Is

13. 2026-01-15
    price $79,900 317-char remark

    Show marketing remark (317 chars)

    New Metal Roof, new Metal Siding 75% of the home, New Windows, newly remodeled downstairs bathroom in 2025, New flooring throughout the home, New main sewer line to house 2024, All lines for a mini split have been installed 2025 just needs unit, New Drywall, Installation, Wiring and Breaker box 2025. AS IS Where Is

14. 2025-12-04
    price $94,900 317-char remark

    Show marketing remark (317 chars)

    New Metal Roof, new Metal Siding 75% of the home, New Windows, newly remodeled downstairs bathroom in 2025, New flooring throughout the home, New main sewer line to house 2024, All lines for a mini split have been installed 2025 just needs unit, New Drywall, Installation, Wiring and Breaker box 2025. AS IS Where Is

15. 2025-11-19
    listed $120,000 Active 317-char remark

    Show marketing remark (317 chars)

    New Metal Roof, new Metal Siding 75% of the home, New Windows, newly remodeled downstairs bathroom in 2025, New flooring throughout the home, New main sewer line to house 2024, All lines for a mini split have been installed 2025 just needs unit, New Drywall, Installation, Wiring and Breaker box 2025. AS IS Where Is

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 17 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: $11,450
• − Mortgage interest: −$3,865
• − Property taxes: −$1,035
• − Insurance: −$345
• − Repairs & maintenance: −$916
• − Management: −$916
• − Depreciation: −$2,007
• Taxable income: $2,366
• Est. tax owed @ 24.0%: −$568
• After-tax cash flow: $2,756/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

Good 75/100 Moderate rehab

The home is in good condition with moderate renovations, featuring new metal siding, windows, and flooring. Minor repairs and maintenance are needed, and painting the exterior and replacing the light fixture would significantly enhance its resale and rental value.

Repairs flagged

• Minor Staircase — Exposed framing

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal
• Resale Replace light fixture — Improves home's aesthetic
• Rental Install new light fixture — Enhances home's appeal to renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
Staircase · Exposed framing	Minor	$500–3,000
Total estimated repair cost · 1 items		$500–3,000

Value-add ROI direction

• Resale Paint exterior — Enhances curb appeal ↑
• Resale Replace light fixture — Improves home's aesthetic ↑
• Rental Install new light fixture — Enhances home's appeal to renters ↑

ⓘ 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: Stapleton Public Schools
• NCES district ID: 3177100
• Math proficiency: 70% ▲ 5.00%
• Reading proficiency: 65% ▲ 10.00%
• Median HH income: $47,826
• Composite: 58.4/100
• National rank: #2074
• State rank: #25 of 245 in NE

Livability — Stapleton

• Score: 65/100
• State rank: #356
• US rank: #13321

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stapleton, NE
• Population (ZIP): 914

Population outlook (Logan County) Hauer SSP2

• Today (2025): 777 people
• By 2030: 776 · -0.1%
• By 2040: 771 · -0.8%
• By 2050: 769 · -1.0%
• By 2075: 742 · -4.5%
• By 2100: 618 · -20.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 11% Hispanic / Latino 8% Black 1%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 2% Slovak 2% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 2% German/W. Germanic 1%

Political lean MEDSL · Logan

• 2024 margin: Solid R (+87.3) · D 5.7% · R 93.0% · Other 1.4%
• 2008→2024 swing: -28.1pp toward R · 2008: -59.1pp · 2024: -87.3pp
• All cycles: 2024: R+87.3 2020: R+82.0 2016: R+81.6 2012: R+66.8 2008: R+59.1

Not yet ingested

• 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

-33.4% since first listed

5 events — show timeline

• 2026-04-08 Relisted — LCBR
• 2026-03-23 Pending — LCBR
• 2026-01-15 Price Changed $79,900 LCBR
• 2025-12-04 Price Changed $94,900 LCBR
• 2025-11-19 Listed $120,000 LCBR