5443 Pioneers Blvd · Lincoln, NE 68506

$210,000

2 bd · 1.0 ba · 1,104 sqft · SingleFamily public records · 16 Days on market

Built 1920 0.25 ac lot $190/sqft · 11% below area Est $236k · 11% under

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Why this score? — see what drove the F 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).

• ARV discount +12.4/15.0
• Cash flow +5.0/30.0
• Schools +4.4/10.0
• Livability +4.2/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +0.4/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

This 1.5 story home has a warm, easygoing feel and a great setup on a larger lot. Enjoy the updated finishes in this 4 bed, 2 bath home. Outside you'll find an extra large fenced yard with plenty of room to play or garden. The oversized one stall detached garage is perfect for storage or projects, and the alley access gives you lots of options. Check out this perfect home today!

Key facts

• Alley access
• 0.25 acre lot
• Garage

Tags

• EXTRA LARGE FENCED YARD
• ALLEY ACCESS

Property features AI

Exterior

• Parking: Detached garage (1 covered space, 1 total parking space)
• Utilities: Public water; Public sewer
• Home design: Single family residence; One and one half levels; Built in 1920; Not new / not a model
• Construction: Block foundation
• Exterior features: Patio; Wood full fencing; Lot over 1/4 up to 1/2 acre (approx. 0.25 acres, dimensions 87 x 126)

Interior

• Bedrooms: Master bedroom on the main floor; Second bedroom on the main floor; Two additional bedrooms on the second floor
• Bathrooms: Two bathrooms total (one full bath and one 3/4 bath)
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: Unfinished basement; No fireplaces

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-493 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $123k (41.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $114k (45.9% below list).
• Recommended offer: $114k (45.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 85/100 on livability (#5 in NE, #545 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime D+.
• Lincoln Public Schools (urban): math 50% / reading 53% proficiency, ranked #59 of 111 in NE (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Zeman Elementary School (math 49% / reading 58%, grade C, #196 of 502 statewide, top 39%, 442 students, 42% FRL); Pound Middle School (math 60% / reading 59%, grade B, #18 of 128 statewide, top 15%, 727 students, 39% FRL); Lincoln Southeast High School (math 51% / reading 52%, grade D+, #105 of 261 statewide, top 40%, 1,929 students, 16% FRL) — zoned schools at 33% FRL track the district average.
• Market conditions: Rents rising (+3.7%/yr); 156 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,940 units permitted in Lancaster County in 2024 (895 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Lancaster County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

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

Recommended offer $113,593 (45.9% 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. Built in 1920 — 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 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?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. 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: 0.54% ✗
• Cap rate: 3.48%
• Cash-on-cash: -10.06%
• DSCR: 0.55
• GRM: 15.4

CMA / ARV

• ARV (median comp): $235,739
• List price: $210,000
• Delta: -4.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5517 Pioneers Blvd	0.03mi	3/1.5 (+1)	1,150 (+4%)	1mo	$200,000	$174	84
4301 S 54th St	0.07mi	2/1.0	986 (-11%)	2mo	$220,000	$223	77
5531 Locust St	0.08mi	2/1.5	1,232 (+12%)	5mo	$225,251	$183	71
4718 Stockwell St	0.63mi	2/1.0	1,144 (+4%)	0mo	$190,000	$166	64
5119 Prescott Ave	0.32mi	2/2.0	976 (-12%)	6mo	$144,000	$148	57
3831 S 57 St	0.31mi	2/1.0	954 (-14%)	8mo	$229,000	$240	56
4644 Lowell Ave	0.56mi	3/2.0 (+1)	1,132 (+2%)	9mo	$200,000	$177	53
5537 Calvert St	0.50mi	3/1.0 (+1)	1,200 (+9%)	10mo	$215,000	$179	49
5920 Deerwood Dr	0.59mi	3/2.5 (+1)	1,169 (+6%)	7mo	$288,500	$247	46
5203 Bancroft Ave	0.47mi	3/1.5 (+1)	1,190 (+8%)	16mo	$152,500	$128	44
3640 S 56th St	0.44mi	3/2.5 (+1)	1,192 (+8%)	18mo	$275,000	$231	40
4912 Calvert St	0.63mi	2/1.0	968 (-12%)	16mo	$135,000	$139	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 · 3.67% rent growth · sell at horizon

5-year hold

• IRR: -33.7%
• Equity multiple: -0.10×
• Total profit: $-64,659
• Equity at exit: $31,312

10-year hold

• IRR: -38.5%
• Equity multiple: -0.59×
• Total profit: $-93,588
• Equity at exit: $18,157

Cash invested: $58,800 (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 68506

• Rents YoY: 3.7%
• Active inventory: 156
• Price-to-rent: 15.4×

Monthly cashflow live

• Estimated rent: $1,136 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$201 /mo · $2,416/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $-493

Break-even live

Break-even rent $1,760

Max offer price $122,962

Occupancy floor —

Sensitivity live

Price	-10% $-374	-5% $-433	+0% $-493	+5% $-552	+10% $-612
Rent	-10% $-582	-5% $-538	+0% $-493	+5% $-448	+10% $-403
Rate	-1.0pp $-387	-0.5pp $-439	base $-493	+0.5pp $-547	+1.0pp $-602

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4210 S 49th St Lincoln, NE	2.0	1.0	800	$1,200	$1.50	45d	1	0.32mi
4340 S 48th St Lincoln, NE	1.0	1.0	1200	$1,200	$1.00	23d	1	0.40mi
4320 S 48th St Unit 6 Lincoln, NE	2.0	1.0	700	$800	$1.14	45d	1	0.40mi
3831 S 46th St Unit 1 Lincoln, NE	2.0	1.5	958	$995	$1.04	45d	1	0.65mi
3831 S 46th St Unit 11 Lincoln, NE	2.0	1.5	958	$995	$1.04	15d	1	0.66mi
4607 Old Cheney Rd Lincoln, NE	1.0	1.0	707	$1,190	$1.68	15d	3	1.17mi
7201 Pioneers Blvd Lincoln, NE	1.0–2.0	1.0–2.0	827	$1,585	$1.92	15d	19	1.33mi
5547 S 38th St Lincoln, NE	2.0	1.0	978	$1,395	$1.43	45d	1	1.39mi

Listing history 27 events

1. 2026-06-21
   days on market $210,000 Active 16 DOM
2. 2026-06-18
   days on market $210,000 Active 13 DOM
3. 2026-06-17
   days on market $210,000 Active 12 DOM
4. 2026-06-16
   days on market $210,000 Active 11 DOM
5. 2026-06-15
   days on market $210,000 Active 10 DOM
6. 2026-06-14
   days on market $210,000 Active 8 DOM
7. 2026-06-10
   statusdays on market $210,000 Active 5 DOM
8. 2026-06-09
   days on market $210,000 New 4 DOM
9. 2026-06-08
   days on market $210,000 New 3 DOM
10. 2026-06-07
    pricestatusdays on marketlisting id $210,000 New 2 DOM
11. 2026-06-05
    days on market $225,000 Active 65 DOM
12. 2026-06-03
    days on market $225,000 Active 64 DOM
13. 2026-06-02
    days on market $225,000 Active 63 DOM
14. 2026-05-31
    days on market $225,000 Active 61 DOM
15. 2026-05-30
    days on market $225,000 Active 60 DOM
16. 2026-03-31
    listed $225,000 New 381-char remark
17. 2026-03-31
    historical
18. 2025-12-09
    listed $230,000 New
19. 2022-08-16
    soldstatus $191,000
20. 2022-08-15
    soldstatus $191,000 Sold
21. 2022-07-10
    status Pending
22. 2022-07-07
    listed $190,000 Active - New
23. 2022-01-03
    soldstatus $96,000 Sold
24. 2021-12-14
    listed $96,000
25. 2021-12-14
    historical
26. 2021-08-10
    soldstatus $130,000
27. 2006-01-09
    soldstatus $60,000

ⓘ 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: $2,416 · $201/mo
• Projected year-2 tax: $3,633 · $303/mo
• Expected delta: +$1,217/yr (+$101/mo · 50.4%)

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

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 ≥104°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: $13,631
• − Mortgage interest: −$11,763
• − Property taxes: −$2,416
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,090
• − Management: −$1,090
• − Depreciation: −$6,109
• Taxable loss: −$9,888
• Est. tax savings @ 24.0%: +$2,373
• After-tax cash flow: $-3,539/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: Lincoln Public Schools
• NCES district ID: 3172840
• Math proficiency: 50% ▼ -6.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $50,273
• Composite: 44.05/100
• National rank: #2880
• State rank: #59 of 111 in NE

Livability — Lincoln

• Score: 85/100
• State rank: #5
• US rank: #545

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lincoln, NE
• County: Lancaster County · 291,509 people
• City population: 291,509
• Metro: Lincoln, NE
• Population (ZIP): 27,531
• Household income: $72,637
• Rent vs Own: 35.7% rent · 64.3% own
• Severe rent burden: 1150.0

Population outlook (Lancaster County) Hauer SSP2

• Today (2025): 352,806 people
• By 2030: 377,899 · +7.1%
• By 2040: 428,582 · +21.5%
• By 2050: 483,103 · +36.9%
• By 2075: 632,390 · +79.2%
• By 2100: 759,513 · +115.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 8% Two or more races 6% Asian 3% Black 1% Native American 1%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 2% Portuguese 2% Italian 2%
• Foreign-born: 7% · Canada, China, Philippines
• Languages at home: 89% English-only · Spanish 4% Other Asian/Pacific 1% Chinese 1%

Political lean MEDSL · Lancaster

• 2024 margin: Toss-up / Even · D 51.4% · R 47.1% · Other 1.5%
• 2008→2024 swing: -0.7pp no change · 2008: 5.0pp · 2024: 4.3pp
• All cycles: 2024: D+4.3 2020: D+7.8 2016: D+0.1 2012: R+1.0 2008: D+5.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -253.20%
• Current HPI: 234.2428
• Rent YoY: ▲ 3.67%
• Metro: Lincoln, 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

+250.0% since first listed

14 events — show timeline

• 2026-06-05 Listing Removed — GPRMLS
• 2026-06-05 Listed $210,000 GPRMLS
• 2026-03-31 Listing Removed — GPRMLS
• 2026-03-31 Listed $225,000 GPRMLS
• 2025-12-09 Listed $230,000 GPRMLS
• 2022-08-16 Sold (Public Records) $191,000 Public Records
• 2022-08-15 Sold (MLS) $191,000 GPRMLS
• 2022-07-10 Pending — GPRMLS
• 2022-07-07 Listed $190,000 GPRMLS
• 2022-01-03 Sold (MLS) $96,000 GPRMLS
• 2021-12-14 Listed $96,000 GPRMLS
• 2021-12-14 Listing Removed — GPRMLS
• 2021-08-10 Sold (Public Records) $130,000 Public Records
• 2006-01-09 Sold (Public Records) $60,000 Public Records

Property tax history

+10.3%/yr

Latest (2024): $2,416 · -17.5% YoY. Source: county tax records.