116 S 15th St #1 · Wymore, NE 68466

$80,000

3 bd · 2.0 ba · 1,040 sqft · SingleFamily · 7 Days on market

Built 1945 Fair condition 0.31 ac lot Est $86k · 7% 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 +26.4/30.0
• ARV discount +10.8/15.0
• DSCR +9.0/10.0
• 1% rule +7.0/10.0
• Livability +3.7/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +1.4/10.0

Listing remarks

This is two properties side by side. 116 S 16th is a three bedroom house with full basement, 3 bedroom, 2 bath, laundry can be main floor or basement 812 West F st is approximant 700 sqf of storage area

Key facts

• 0.31 acre lot
• Garage
• Built 1945

Property features AI

Exterior

• Parking: Attached garage with one covered parking space
• Utilities: Public sewer
• Home design: Single-family residence; Residential property; One-story entry (living area is above grade); Originally built in 1945
• Construction: Block foundation
• Exterior features: Outbuilding on the property; Lot approximately 0.31 acre (about 100 x 140); Lot size over 1/4 up to 1/2 acre

Interior

• Bedrooms: Master bedroom on the main floor; Additional bedrooms on the main floor
• Bathrooms: Two bathrooms on the main floor
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Full basement; No fireplaces

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $80k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $208 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($963 rent vs $80k).

Location & tenants

• Location reads 73/100 on livability (#145 in NE) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Southern School District 1 (rural): math 38% / reading 38% proficiency, ranked #224 of 245 in NE (top 91%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Southern Elementary School (math 27% / reading 37%, grade F, #405 of 502 statewide, top 84%, 208 students, 0% FRL); Southern Jr-Sr High School (math 22% / reading 32%, grade F, #240 of 261 statewide, top 92%, 171 students, 0% FRL) — zoned schools average 0% FRL vs 41% district-wide (41 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 8 active listings in the ZIP; 41 units permitted in Gage County in 2024 (14 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Gage County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $80,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.20% ✓
• Cap rate: 9.41%
• Cash-on-cash: 11.14%
• DSCR: 1.50
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $86,320
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
117 N 7th St	0.55mi	2/1.0 (-1)	1,008 (-3%)	8mo	$90,950	$90	54
204 N 10th St	0.38mi	2/1.0 (-1)	1,145 (+10%)	14mo	$48,000	$42	45
120 W L St	0.64mi	3/1.0	1,137 (+9%)	21mo	$94,000	$83	33

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: 0.3%
• Equity multiple: 1.01×
• Total profit: $292
• Equity at exit: $11,928

10-year hold

• IRR: 10.0%
• Equity multiple: 1.78×
• Total profit: $17,363
• Equity at exit: $6,917

Cash invested: $22,400 (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 68466

• Home prices YoY: -4.2%
• Active inventory: 8
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $963 medium
• Mortgage (P&I): −$420
• Tax est. 1.5%: −$100 /mo · $1,200/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$202
• Net cashflow: $208

Break-even live

Break-even rent $700

Max offer price $80,000

Occupancy floor 73%

Sensitivity live

Price	-10% $263	-5% $236	+0% $208	+5% $180	+10% $153
Rent	-10% $132	-5% $170	+0% $208	+5% $246	+10% $284
Rate	-1.0pp $248	-0.5pp $228	base $208	+0.5pp $187	+1.0pp $166

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-04-30
   status Pending
2. 2026-04-23
   listed $80,000 New

ⓘ 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 FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,556
• − Mortgage interest: −$4,481
• − Property taxes: −$1,200
• − Insurance: −$400
• − Repairs & maintenance: −$924
• − Management: −$924
• − Depreciation: −$2,327
• Taxable income: $1,298
• Est. tax owed @ 24.0%: −$312
• After-tax cash flow: $2,183/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 · 13 photos

Fair 45/100 Moderate rehab

The home requires moderate repairs and maintenance, with a focus on exterior siding and interior walls. Upgrading the exterior and bathrooms can significantly boost its resale and rental value.

Repairs flagged

• Minor roof — No major damage visible, but may need touch-up or minor repairs.
• Minor exterior siding — Siding appears weathered and may need repainting or minor repairs.
• Minor interior walls — Minor cracks or peeling may be present and could benefit from touch-up.
• Minor bathroom fixtures — Outdated fixtures may need replacement or cleaning.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can significantly improve curb appeal and home value.
• Rental Replace outdated bathroom fixtures — Modern fixtures can attract renters and improve rental value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · No major damage visible, but may need touch-up or minor repairs.	Minor	$500–3,000
exterior siding · Siding appears weathered and may need repainting or minor repairs.	Minor	$500–3,000
interior walls · Minor cracks or peeling may be present and could benefit from touch-up.	Minor	$500–3,000
bathroom fixtures · Outdated fixtures may need replacement or cleaning.	Minor	$500–3,000
Total estimated repair cost · 4 items		$2,000–12,000

Value-add ROI direction

• Resale Paint exterior siding — Fresh paint can significantly improve curb appeal and home value. ↑
• Rental Replace outdated bathroom fixtures — Modern fixtures can attract renters and improve rental value. ↑

ⓘ 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: Southern School District 1
• NCES district ID: 3177180
• Math proficiency: 38% ▲ 3.00%
• Reading proficiency: 38% ▲ 3.00%
• Median HH income: $38,704
• Composite: 34.27/100
• National rank: #10239
• State rank: #224 of 245 in NE

Livability — Wymore

• Score: 73/100
• State rank: #145
• US rank: #5268

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wymore, NE
• Population (ZIP): 1,675

Population outlook (Gage County) Hauer SSP2

• Today (2025): 21,133 people
• By 2030: 20,629 · -2.4%
• By 2040: 19,398 · -8.2%
• By 2050: 18,049 · -14.6%
• By 2075: 15,504 · -26.6%
• By 2100: 12,941 · -38.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Black 1% Hispanic / Latino 1%
• Common ancestry: Italian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Gage

• 2024 margin: Solid R (+39.2) · D 29.7% · R 68.9% · Other 1.4%
• 2008→2024 swing: -29.8pp toward R · 2008: -9.5pp · 2024: -39.2pp
• All cycles: 2024: R+39.2 2020: R+36.5 2016: R+34.5 2012: R+16.8 2008: R+9.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -7.15%
• Current HPI: 163.1228
• 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

2 events — show timeline

• 2026-04-30 Pending — GPRMLS
• 2026-04-23 Listed $80,000 GPRMLS