2106 Pine St · Fremont, NE 68025

$135,000

3 bd · 1.0 ba · 1,312 sqft · SingleFamily public records · 11 Days on market

Built 1952 8,276 sqft lot Est $207k · 35% under

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Why this score? — see what drove the C 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 +21.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +5.3/10.0
• Livability +3.8/5.0
• Schools +3.0/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for a home with lots of potential? Looking for a home you can fix up and make it into your own? Come see this home and visualize it becoming your home, or your investment property. Home being sold AS-IS, seller will not make repairs at this great price.

Key facts

• 8,276 sq ft lot
• Garage
• Built 1952

Property features AI

Finance

• Other: Living area: 1,312 square feet; Lot approximately 0.19 acres (75 x 109)

Exterior

• Parking: Detached covered garage (1 space)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; Built in 1952; One-story (all main floor living area)
• Construction: Slab foundation
• Exterior features: Patio; Partial wood fencing

Interior

• Bedrooms: Master bedroom on main floor; All bedrooms on main floor
• Bathrooms: 1 full bathroom on main floor
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $203 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Cap rate 8.1% vs local median 3.3% in Fremont — 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 76/100 on livability (#92 in NE, #3,751 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, commute F.
• Fremont Public Schools (town): math 34% / reading 36% proficiency, ranked #103 of 111 in NE (top 93%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bell Field Elementary School (math 27% / reading 32%, grade F, #427 of 502 statewide, top 87%, 307 students, 66% FRL); Fremont Middle School (math 38% / reading 40%, grade F, #95 of 128 statewide, top 76%, 744 students, 66% FRL); Fremont Senior High School (math 42% / reading 48%, grade D-, #145 of 261 statewide, top 55%, 1,633 students, 55% FRL) — zoned schools average 62% FRL vs 46% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-2.1%/yr); 238 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 82 units permitted in Dodge County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $65k; list at $135k implies a 108% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $135,000

Questions for the listing agent

1. Built in 1952 — 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. 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.
4. 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.
5. 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: 1.03% ✓
• Cap rate: 8.10%
• Cash-on-cash: 6.45%
• DSCR: 1.29
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $207,296
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2048 Irene St	0.37mi	2/1.0 (-1)	1,296 (-1%)	3mo	$196,000	$151	73
2159 N Union St	0.41mi	3/2.5	1,404 (+7%)	2mo	$219,000	$156	62
2509 N Buckingham Rd	0.63mi	3/1.0	1,268 (-3%)	4mo	$218,600	$172	62
1805 N Platte Ave	0.28mi	4/2.0 (+1)	1,194 (-9%)	3mo	$162,000	$136	60
2130 N Union St	0.38mi	3/1.0	1,140 (-13%)	3mo	$210,000	$184	58
1943 N Clarkson St	0.35mi	2/1.0 (-1)	1,170 (-11%)	4mo	$182,500	$156	58
1640 N Park Ave	0.70mi	3/1.0	1,372 (+5%)	3mo	$185,000	$135	57
1655 N Main St	0.66mi	4/2.0 (+1)	1,367 (+4%)	0mo	$236,000	$173	53
1115 N Logan St	0.67mi	4/2.0 (+1)	1,255 (-4%)	3mo	$198,000	$158	50
1805 N Park Ave	0.69mi	3/2.0	1,404 (+7%)	4mo	$252,000	$179	49
1136 N Garfield St	0.70mi	2/2.0 (-1)	1,244 (-5%)	1mo	$230,000	$185	49
1939 N Broad St	0.73mi	2/2.0 (-1)	1,173 (-11%)	7mo	$130,000	$111	34

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.66×
• Total profit: $-13,006
• Equity at exit: $20,129

10-year hold

• IRR: -4.8%
• Equity multiple: 0.72×
• Total profit: $-10,400
• Equity at exit: $11,672

Cash invested: $37,800 (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 68025

• Home prices YoY: -34.1%
• Rents YoY: -2.1%
• Active inventory: 238
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,389 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$130 /mo · $1,556/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $203

Break-even live

Break-even rent $1,132

Max offer price $135,000

Occupancy floor 80%

Sensitivity live

Price	-10% $280	-5% $241	+0% $203	+5% $165	+10% $127
Rent	-10% $94	-5% $148	+0% $203	+5% $258	+10% $313
Rate	-1.0pp $271	-0.5pp $238	base $203	+0.5pp $168	+1.0pp $133

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1034e 29th St Fremont, NE	1.0–2.0	1.0	1019	$1,225	$1.20	2d	21	0.59mi
1619 E Military Ave Unit 2301 Fremont, NE	2.0	2.0	1100	$1,195	$1.09	22d	1	1.11mi
351 N Clarmar Ave Fremont, NE	3.0	2.5	1847	$1,745	$0.94	4d	1	1.24mi
3680 Big Bluestem Rd Fremont, NE	3.0	1.0–2.0	727	$1,495	$2.06	2d	1	1.44mi

Listing history 7 events

1. 2026-06-03
   statusdays on market $135,000 Pending 11 DOM
2. 2026-06-02
   days on market $135,000 Active 10 DOM
3. 2026-06-01
   days on market $135,000 Active 9 DOM
4. 2026-05-31
   days on market $135,000 Active 8 DOM
5. 2026-05-30
   days on market $135,000 Active 7 DOM
6. 2026-05-23
   listed $135,000 New
7. 2014-06-16
   soldstatus $64,995

ⓘ 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: $1,556 · $130/mo
• Projected year-2 tax: $2,336 · $195/mo
• Expected delta: +$779/yr (+$65/mo · 50.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 72% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 16 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: $16,665
• − Mortgage interest: −$7,562
• − Property taxes: −$1,556
• − Insurance: −$675
• − Repairs & maintenance: −$1,333
• − Management: −$1,333
• − Depreciation: −$3,927
• Taxable income: $278
• Est. tax owed @ 24.0%: −$67
• After-tax cash flow: $2,372/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: Fremont Public Schools
• NCES district ID: 3170710
• Math proficiency: 34% ▼ -8.00%
• Reading proficiency: 36% ▲ 1.00%
• Median HH income: $47,111
• Composite: 30.07/100
• National rank: #6347
• State rank: #103 of 111 in NE

Livability — Fremont

• Score: 76/100
• State rank: #92
• US rank: #3751

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fremont, NE
• County: Dodge County · 31,658 people
• City population: 31,658
• Metro: Fremont, NE
• Population (ZIP): 31,658
• Household income: $72,254
• Rent vs Own: 34.8% rent · 65.2% own
• Severe rent burden: 893.0

Population outlook (Dodge County) Hauer SSP2

• Today (2025): 37,191 people
• By 2030: 37,238 · +0.1%
• By 2040: 37,256 · +0.2%
• By 2050: 37,494 · +0.8%
• By 2075: 39,165 · +5.3%
• By 2100: 40,221 · +8.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 18% Two or more races 7% Native American 2%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Portuguese 2% Lithuanian 2% Romanian 2%
• Foreign-born: 7% · Canada
• Languages at home: 84% English-only · Spanish 14%

Political lean MEDSL · Dodge

• 2024 margin: Solid R (+32.6) · D 33.0% · R 65.7% · Other 1.3%
• 2008→2024 swing: -20.6pp toward R · 2008: -12.0pp · 2024: -32.6pp
• All cycles: 2024: R+32.6 2020: R+32.1 2016: R+35.3 2012: R+22.7 2008: R+12.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -164.59%
• Current HPI: 318.3329
• Rent YoY: ▼ -2.14%
• Metro: Fremont, NE
• 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

+107.7% since first listed

2 events — show timeline

• 2026-05-23 Listed $135,000 GPRMLS
• 2014-06-16 Sold (Public Records) $64,995 Public Records

Property tax history

-0.2%/yr

Latest (2025): $1,556 · +12.1% YoY. Source: county tax records.