102 W Alonzo St · Wilcox, NE 68982

$25,000

3 bd · 2.0 ba · 1,335 sqft · SingleFamily · 36 Days on market

Built 1975 Fair condition

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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).

• Cash flow +10.1/30.0
• ARV discount +7.5/15.0
• Appreciation +7.0/10.0
• Schools +4.3/10.0
• Livability +3.4/5.0
• 1% rule +3.0/10.0
• DSCR +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks MLS

102 W Alonzo - Wilcox, NE ONLINE ONLY REAL ESTATE AUCTION PROPERTY SHOWN BY APPT ONLY! Don’t miss this unique opportunity to purchase this property at online auction! Situated on a desirable corner lot, this home offers a functional layout and a variety of spaces to fit your needs. This home features a living room, kitchen, and dining area, along with a separate family room that provides additional space for gathering or relaxing. It includes three bedrooms, two bathrooms, and a dedicated laundry room for added convenience. There is also a bonus room located between the house and the attached two-car garage—ideal for a craft room, hobby space, home office, or additional storage. Step outside to enjoy the back deck overlooking a yard with established trees, offering privacy and a comfortable outdoor setting. The property also includes a storage shed and a large workshop in the backyard, providing excellent space for projects, equipment, or extra storage. With its versatile layout, outdoor amenities, and prime corner lot location, this property presents a great opportunity for buyers looking to make it their own. 2025 Taxes: $1,075.11 Legal Description Lots 8-12 Block 16 Original Town - Wilcox Year Built: 1975 Lot Size - 125'x140; 17,500 SQ FT SQ FT - Main Level of Home - 1335, Basement - NONE. Total SQ FT 1335. Attached garage is 784 SQ FT, Detached garage/shed 24'x24'. Online Only Real Estate Auction Terms: By you bidding on this online only real estate auction, you agree to all terms of the auction, and agree to sign the real estate purchase agreement with in 24 hours of this auction closing. A 10% Buyers Premium will be added to the sales price. (for example - if you bid $5,000 the total contract price will be $5,500.) A payment to equal 10% of the purchase price will be due with in 24 hours of the auction closing, at that time additional agreements will be signed. The balance will be due by cash or certified funds on or before June 24, 2026. Property will be sold subject to sellers confirmation. Property is being sold AS-IS WHERE IS. Possession will be given at closing. This sale is not contingent upon the purchaser's ability to secure financing. Please consult your loan agency prior to the sale. The cost of the title insurance and closing fee will be split between the buyer and seller equally. Listing Brokerage and their agents are agents representing the seller in this transaction.

Key facts

• 2 garage spots
• Built 1975
• Listed 36 days

🔨 Auction listing. The $25,000 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $145,273 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $25k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-86 ($-1k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $25k).
• Recommended offer: $24k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#295 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, health & safety C-, amenities F.
• Wilcox-Hildreth Public Schools (rural): math 45% / reading 50% proficiency, ranked #155 of 245 in NE (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 1 active listings in the ZIP; 10 units permitted in Kearney County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($1k loan paydown + $6k appreciation (3.9% local appreciation)).
• Kearney County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($24k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 8.7% of price.

Recommended offer $24,250 (3.0% 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 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 0.80% ✗
• Cap rate: 5.58%
• Cash-on-cash: -2.53%
• DSCR: 0.89
• GRM: 10.4

CMA / ARV

• ARV (median comp): $145,273
• List price: $25,000
• Delta: -82.79%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

3.9% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 7.8%
• Equity multiple: 1.47×
• Total profit: $19,119
• Equity at exit: $72,841

10-year hold

• IRR: 10.0%
• Equity multiple: 2.66×
• Total profit: $67,362
• Equity at exit: $118,492

Cash invested: $40,677 (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 68982

• Home prices YoY: 3.4%
• Active inventory: 1
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $1,162 medium
• Mortgage (P&I): −$762
• Tax est. 1.5%: −$182 /mo · $2,179/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $-86

Break-even live

Break-even rent $1,271

Max offer price $132,851

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: $36,318
• Closing costs: $4,358
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-05-07
   status Pending 2451-char remark

   Show marketing remark (2451 chars)

   102 W Alonzo - Wilcox, NE ONLINE ONLY REAL ESTATE AUCTION PROPERTY SHOWN BY APPT ONLY! Don’t miss this unique opportunity to purchase this property at online auction! Situated on a desirable corner lot, this home offers a functional layout and a variety of spaces to fit your needs. This home features a living room, kitchen, and dining area, along with a separate family room that provides additional space for gathering or relaxing. It includes three bedrooms, two bathrooms, and a dedicated laundry room for added convenience. There is also a bonus room located between the house and the attached two-car garage—ideal for a craft room, hobby space, home office, or additional storage. Step outside to enjoy the back deck overlooking a yard with established trees, offering privacy and a comfortable outdoor setting. The property also includes a storage shed and a large workshop in the backyard, providing excellent space for projects, equipment, or extra storage. With its versatile layout, outdoor amenities, and prime corner lot location, this property presents a great opportunity for buyers looking to make it their own. 2025 Taxes: $1,075.11 Legal Description Lots 8-12 Block 16 Original Town - Wilcox Year Built: 1975 Lot Size - 125'x140; 17,500 SQ FT SQ FT - Main Level of Home - 1335, Basement - NONE. Total SQ FT 1335. Attached garage is 784 SQ FT, Detached garage/shed 24'x24'. Online Only Real Estate Auction Terms: By you bidding on this online only real estate auction, you agree to all terms of the auction, and agree to sign the real estate purchase agreement with in 24 hours of this auction closing. A 10% Buyers Premium will be added to the sales price. (for example - if you bid $5,000 the total contract price will be $5,500.) A payment to equal 10% of the purchase price will be due with in 24 hours of the auction closing, at that time additional agreements will be signed. The balance will be due by cash or certified funds on or before June 24, 2026. Property will be sold subject to sellers confirmation. Property is being sold AS-IS WHERE IS. Possession will be given at closing. This sale is not contingent upon the purchaser's ability to secure financing. Please consult your loan agency prior to the sale. The cost of the title insurance and closing fee will be split between the buyer and seller equally. Listing Brokerage and their agents are agents representing the seller in this transaction.

2. 2026-03-05
   listed $25,000 Active 2451-char remark

   Show marketing remark (2451 chars)

   102 W Alonzo - Wilcox, NE ONLINE ONLY REAL ESTATE AUCTION PROPERTY SHOWN BY APPT ONLY! Don’t miss this unique opportunity to purchase this property at online auction! Situated on a desirable corner lot, this home offers a functional layout and a variety of spaces to fit your needs. This home features a living room, kitchen, and dining area, along with a separate family room that provides additional space for gathering or relaxing. It includes three bedrooms, two bathrooms, and a dedicated laundry room for added convenience. There is also a bonus room located between the house and the attached two-car garage—ideal for a craft room, hobby space, home office, or additional storage. Step outside to enjoy the back deck overlooking a yard with established trees, offering privacy and a comfortable outdoor setting. The property also includes a storage shed and a large workshop in the backyard, providing excellent space for projects, equipment, or extra storage. With its versatile layout, outdoor amenities, and prime corner lot location, this property presents a great opportunity for buyers looking to make it their own. 2025 Taxes: $1,075.11 Legal Description Lots 8-12 Block 16 Original Town - Wilcox Year Built: 1975 Lot Size - 125'x140; 17,500 SQ FT SQ FT - Main Level of Home - 1335, Basement - NONE. Total SQ FT 1335. Attached garage is 784 SQ FT, Detached garage/shed 24'x24'. Online Only Real Estate Auction Terms: By you bidding on this online only real estate auction, you agree to all terms of the auction, and agree to sign the real estate purchase agreement with in 24 hours of this auction closing. A 10% Buyers Premium will be added to the sales price. (for example - if you bid $5,000 the total contract price will be $5,500.) A payment to equal 10% of the purchase price will be due with in 24 hours of the auction closing, at that time additional agreements will be signed. The balance will be due by cash or certified funds on or before June 24, 2026. Property will be sold subject to sellers confirmation. Property is being sold AS-IS WHERE IS. Possession will be given at closing. This sale is not contingent upon the purchaser's ability to secure financing. Please consult your loan agency prior to the sale. The cost of the title insurance and closing fee will be split between the buyer and seller equally. Listing Brokerage and their agents are agents representing the seller in this transaction.

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

Taxation est. · year 1

• Rental income: $13,946
• − Mortgage interest: −$8,138
• − Property taxes: −$2,179
• − Insurance: −$726
• − Repairs & maintenance: −$1,116
• − Management: −$1,116
• − Depreciation: −$4,226
• Taxable loss: −$3,555
• Est. tax savings @ 24.0%: +$853
• After-tax cash flow: $-177/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

This home requires moderate repairs and maintenance, including painting and updating the exterior siding, as well as landscaping and trimming. These updates will significantly increase its resale and rental value.

Repairs flagged

• Major exterior siding — The siding is visibly weathered and may need replacement.
• Major interior walls — The walls show signs of wear and may need repainting or repairs.
• Major landscaping — The landscaping is overgrown and requires trimming and maintenance.

Value-add opportunities

• Both painting and updating the exterior siding — Painting and updating the exterior siding will improve the home's curb appeal and increase its value for both resale and rental.
• Both landscaping and trimming — A well-maintained and landscaped yard will enhance the home's curb appeal and attract potential buyers or renters.

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · The siding is visibly weathered and may need replacement.	Major	$15,000–50,000
interior walls · The walls show signs of wear and may need repainting or repairs.	Major	$15,000–50,000
landscaping · The landscaping is overgrown and requires trimming and maintenance.	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both painting and updating the exterior siding — Painting and updating the exterior siding will improve the home's curb appeal and increase its value for both resale and rental. ↑
• Both landscaping and trimming — A well-maintained and landscaped yard will enhance the home's curb appeal and attract potential buyers or 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: Wilcox-Hildreth Public Schools
• NCES district ID: 3100134
• Math proficiency: 45% ▼ -5.00%
• Reading proficiency: 50% ▼ -5.00%
• Median HH income: $53,363
• Composite: 43.14/100
• National rank: #6607
• State rank: #155 of 245 in NE

Livability — Wilcox

• Score: 67/100
• State rank: #295
• US rank: #11040

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wilcox, NE
• Population (ZIP): 617

Population outlook (Kearney County) Hauer SSP2

• Today (2025): 6,866 people
• By 2030: 7,013 · +2.1%
• By 2040: 7,352 · +7.1%
• By 2050: 7,765 · +13.1%
• By 2075: 9,479 · +38.1%
• By 2100: 11,070 · +61.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2%
• Common ancestry: Italian 3% Romanian 2% Lithuanian 1%
• Foreign-born: 0%

Political lean MEDSL · Kearney

• 2024 margin: Solid R (+58.0) · D 20.4% · R 78.5% · Other 1.1%
• 2008→2024 swing: -15.3pp toward R · 2008: -42.8pp · 2024: -58.0pp
• All cycles: 2024: R+58.0 2020: R+58.6 2016: R+60.7 2012: R+50.1 2008: R+42.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.90%
• Current HPI: 119.6543
• 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

• 2026-05-07 Pending — GMNMLS
• 2026-03-05 Listed $25,000 GMNMLS