1531 N York Ave · York, NE 68467

$85,000

3 bd · 1.0 ba · 1,386 sqft · SingleFamily public records · 142 Days on market

Built 1900 9,000 sqft lot $61/sqft · 51% below area

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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 +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +8.3/10.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

Key facts

• Kitchen
• Laundry room
• Living room

Tags

• CORNER LOT
• BONUS ROOM
• LIVING ROOM
• DINING AREA
• KITCHEN
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 3.2% in York — 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 80/100 on livability (#24 in NE, #1,666 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• York Public Schools (town): math 55% / reading 51% proficiency, ranked #55 of 111 in NE (top 50%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: York Elementary School (math 58% / reading 50%, grade C, #194 of 502 statewide, top 39%, 594 students, 50% FRL); York Middle School (math 54% / reading 52%, grade C+, #41 of 128 statewide, top 32%, 315 students, 44% FRL); York High School (math 52% / reading 47%, grade D, #107 of 261 statewide, top 52%, 522 students, 39% FRL).
• Market conditions: 75 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 29 units permitted in York County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• York County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 142 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $30k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 142 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 1900 — 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: 1.33% ✓
• Cap rate: 10.20%
• Cash-on-cash: 13.94%
• DSCR: 1.62
• GRM: 6.3

CMA / ARV

• ARV (median comp): $172,670
• List price: $85,000
• Delta: -50.77%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
200 W 19th St	0.28mi	3/1.0	1,400 (+1%)	10mo	$183,000	$131	77
1125 N Burlington Ave	0.39mi	3/1.0	1,400 (+1%)	6mo	$130,000	$93	75
317 E 16th St	0.35mi	2/1.0 (-1)	1,304 (-6%)	1mo	$155,000	$119	68
423 E 6th St	0.69mi	3/1.0	1,424 (+3%)	6mo	$150,000	$105	58
6 N Circle Dr	0.53mi	3/1.5	1,432 (+3%)	12mo	$224,000	$156	58
1730 N Main Ave	0.59mi	2/2.5 (-1)	1,370 (-1%)	6mo	$369,300	$270	55
609 N Iowa Ave	0.68mi	3/1.0	1,415 (+2%)	12mo	$176,400	$125	55
1309 N Blackburn Ave	0.69mi	3/1.0	1,324 (-4%)	7mo	$155,000	$117	54
555 W 6th St	0.63mi	4/2.0 (+1)	1,424 (+3%)	10mo	$143,600	$101	49
1114 N Burlington Ave	0.42mi	3/2.0	1,204 (-13%)	8mo	$91,000	$76	48
620 E 19th St	0.61mi	4/2.0 (+1)	1,204 (-13%)	6mo	$169,000	$140	36
632 W 7th St	0.57mi	2/1.0 (-1)	1,194 (-14%)	11mo	$141,500	$119	36

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: 4.2%
• Equity multiple: 1.16×
• Total profit: $3,867
• Equity at exit: $12,674

10-year hold

• IRR: 13.7%
• Equity multiple: 2.10×
• Total profit: $26,183
• Equity at exit: $7,349

Cash invested: $23,800 (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 68467

• Active inventory: 75
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,133 high
• Mortgage (P&I): −$446
• Tax from tax record: −$138 /mo · $1,651/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$238
• Net cashflow: $276

Break-even live

Break-even rent $783

Max offer price $85,000

Occupancy floor 71%

Sensitivity live

Price	-10% $325	-5% $300	+0% $276	+5% $252	+10% $228
Rent	-10% $187	-5% $232	+0% $276	+5% $321	+10% $366
Rate	-1.0pp $319	-0.5pp $298	base $276	+0.5pp $254	+1.0pp $232

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1315 N Iowa Ave York, NE	2.0	1.0	980	$1,200	$1.22	45d	1	0.39mi
1911 N Linden Ave Unit 09-612 York, NE	3.0	2.0	1345	$1,000	$0.74	45d	1	0.60mi
1201 S Hutchins Ave Unit 205 York, NE	3.0	1.0	996	$1,195	$1.20	45d	1	1.32mi
1201 S Hutchins Ave York, NE	2.0–3.0	1.0	905	$1,195	$1.32	45d	2	1.32mi
1241 S Hutchins Ave York, NE	2.0–3.0	1.0	905	$1,195	$1.32	45d	5	1.35mi

Listing history 27 events

1. 2026-06-21
   days on market $85,000 Active 142 DOM
2. 2026-06-21
   days on market $85,000 Active 141 DOM
3. 2026-06-18
   days on market $85,000 Active 139 DOM
4. 2026-06-17
   days on market $85,000 Active 138 DOM
5. 2026-06-16
   days on market $85,000 Active 137 DOM
6. 2026-06-15
   days on market $85,000 Active 136 DOM
7. 2026-06-13
   days on market $85,000 Active 134 DOM
8. 2026-06-12
   days on market $85,000 Active 133 DOM
9. 2026-06-09
   days on market $85,000 Active 130 DOM
10. 2026-06-08
    days on market $85,000 Active 129 DOM
11. 2026-06-07
    days on market $85,000 Active 128 DOM
12. 2026-06-07
    days on market $85,000 Active 127 DOM
13. 2026-06-04
    days on market $85,000 Active 124 DOM
14. 2026-06-02
    days on market $85,000 Active 123 DOM
15. 2026-06-01
    days on market $85,000 Active 122 DOM
16. 2026-05-31
    days on market $85,000 Active 121 DOM
17. 2026-05-07
    price $85,000 350-char remark

    Show marketing remark (350 chars)

    Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

18. 2026-04-09
    price $99,999 350-char remark

    Show marketing remark (350 chars)

    Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

19. 2026-03-13
    price $105,000 350-char remark

    Show marketing remark (350 chars)

    Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

20. 2026-02-11
    price $109,000 350-char remark

    Show marketing remark (350 chars)

    Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

21. 2026-01-30
    listed $115,000 New 350-char remark

    Show marketing remark (350 chars)

    Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

22. 2026-01-30
    historical

    Show marketing remark (350 chars)

    Welcome to this corner lot flip opportunity priced to reflect the work needed. This 3BD/1BA has a functional layout, three generously sized upstairs bedrooms, and a bonus room off the entry that functions as a non-conforming 4th — adding flexibility. Detached 2-stall garage, shed, and basement are all ready to go. This home is priced to sell!

23. 2026-01-13
    price $119,000
24. 2025-12-28
    listed $129,000 New
25. 2021-08-06
    soldstatus $83,000
26. 2021-08-05
    soldstatus $83,000
27. 2021-06-24
    listed $79,900

ⓘ 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: $1,651 · $138/mo
• Projected year-2 tax: $1,651 · $138/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 4/10 Moderate FEMA zone X (unshaded) · 24% 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,597
• − Mortgage interest: −$4,761
• − Property taxes: −$1,651
• − Insurance: −$425
• − Repairs & maintenance: −$1,088
• − Management: −$1,088
• − Depreciation: −$2,473
• Taxable income: $2,112
• Est. tax owed @ 24.0%: −$507
• After-tax cash flow: $2,810/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: York Public Schools
• NCES district ID: 3179050
• Math proficiency: 55% ▼ -9.00%
• Reading proficiency: 51% ▼ -4.00%
• Median HH income: $48,726
• Composite: 45.18/100
• National rank: #2675
• State rank: #55 of 111 in NE

Livability — York

• Score: 80/100
• State rank: #24
• US rank: #1666

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: York, NE
• City population: 9,688
• Population (ZIP): 9,688

Population outlook (York County) Hauer SSP2

• Today (2025): 13,976 people
• By 2030: 14,103 · +0.9%
• By 2040: 14,490 · +3.7%
• By 2050: 15,059 · +7.7%
• By 2075: 18,276 · +30.8%
• By 2100: 21,449 · +53.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 7% Two or more races 6% Black 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Iranian 2% Romanian 1% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Asian/Pacific 1%

Political lean MEDSL · York

• 2024 margin: Solid R (+51.3) · D 23.6% · R 74.9% · Other 1.5%
• 2008→2024 swing: -2.0pp toward R · 2008: -49.3pp · 2024: -51.3pp
• All cycles: 2024: R+51.3 2020: R+51.8 2016: R+56.0 2012: R+55.4 2008: R+49.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -126.71%
• Current HPI: 192.5562
• 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

+6.4% since first listed

11 events — show timeline

• 2026-05-07 Price Changed $85,000 GPRMLS
• 2026-04-09 Price Changed $99,999 GPRMLS
• 2026-03-13 Price Changed $105,000 GPRMLS
• 2026-02-11 Price Changed $109,000 GPRMLS
• 2026-01-30 Listing Removed — GPRMLS
• 2026-01-30 Listed $115,000 GPRMLS
• 2026-01-13 Price Changed $119,000 GPRMLS
• 2025-12-28 Listed $129,000 GPRMLS
• 2021-08-06 Sold (Public Records) $83,000 Public Records
• 2021-08-05 Sold (MLS) $83,000 GPRMLS
• 2021-06-24 Listed $79,900 GPRMLS

Property tax history

+56.1%/yr

Latest (2025): $1,651 · +41.7% YoY. Source: county tax records.