3342 N 41 St · Omaha, NE 68111

$155,000

2 bd · 1.0 ba · 1,082 sqft · SingleFamily public records · 10 Days on market

Built 1951 5,227 sqft lot Est $148k · at est.

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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 +13.2/30.0
• Appreciation +10.0/10.0
• ARV discount +5.4/15.0
• Livability +4.2/5.0
• DSCR +4.0/10.0
• 1% rule +3.5/10.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks

CLEAN, BRIGHT, and MOVE-IN READY! This raised ranch blends classic charm with thoughtful updates. The main level is filled with natural light and features hardwood floors, fresh paint, and new blinds throughout, arched doorways, and a functional layout with 2 bedrooms and a full bath. The kitchen offers abundant oak cabinetry, stainless steel appliances, and plenty of storage. Downstairs, you'll find a non-conforming bedroom- ideal for guests, an office, or flex space. A 1-car attached garage adds convenience, while the NEW ROOF provides peace of mind. Located close to parks, trails, and downtown—with quick access to Benson's vibrant shops, restaurants, and entertainment. Nothing to d

Key facts

• 5,227 sq ft lot
• Garage
• Built 1951

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $-1 ($-17/yr) — negative.
• To cash-flow at today's rent, offer at most $155k (0.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $132k (14.8% below list).
• Recommended offer: $132k (14.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 84/100 on livability (#7 in NE, #663 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
• Omaha Public Schools (urban): math 20% / reading 28% proficiency, ranked #110 of 111 in NE (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Druid Hill Elementary School (math 12% / reading 12%, grade F, #489 of 502 statewide, top 98%, 279 students, 0% FRL); Monroe Middle School (math 8% / reading 15%, grade F, #127 of 128 statewide, top 99%, 769 students, 0% FRL) — zoned schools average 0% FRL vs 62% district-wide (62 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 12% at this address vs 24% district-wide (-12 pts) — the specific schools serving this property underperform the Omaha Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.2%/yr); 139 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 4,539 units permitted in Douglas County in 2024 (2,583 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Douglas County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.2% rent growth), your $43k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 10y ago; this cycle's ask is 9588% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $37k; list at $155k implies a 319% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $132,086 (14.8% 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 1951 — 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. Crime grade is F 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?
5. 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?
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: 0.85% ✗
• Cap rate: 6.28%
• Cash-on-cash: -0.04%
• DSCR: 1.00
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $148,234
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3342 N 41 St	0.00mi	2/1.0	1,082 (0%)	1mo	$145,000	$134	99
3735 N 40 Ave	0.25mi	3/1.0 (+1)	1,092 (+1%)	2mo	$160,000	$147	80
4307 Binney St	0.38mi	3/1.0 (+1)	1,100 (+2%)	3mo	$145,000	$132	72
4282 Wirt St	0.34mi	3/1.0 (+1)	1,128 (+4%)	3mo	$163,000	$145	70
3724 N 41st St	0.22mi	3/1.5 (+1)	1,012 (-6%)	3mo	$130,000	$128	69
3818 Pinkney St	0.22mi	2/1.0	1,200 (+11%)	3mo	$160,000	$133	69
4219 Meredith Ave	0.72mi	2/1.5	1,095 (+1%)	1mo	$150,000	$137	62
4277 Wirt St	0.35mi	3/1.0 (+1)	1,200 (+11%)	2mo	$192,000	$160	58
4266 Maple St	0.38mi	3/1.0 (+1)	978 (-10%)	4mo	$115,000	$118	58
4331 N 41st St	0.61mi	3/1.0 (+1)	1,024 (-5%)	2mo	$163,000	$159	56
4324 Binney St	0.38mi	3/1.0 (+1)	1,224 (+13%)	1mo	$135,000	$110	55
2760 N 48 St	0.67mi	3/1.0 (+1)	1,160 (+7%)	4mo	$188,000	$162	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.22% rent growth · sell at horizon

5-year hold

• IRR: 24.3%
• Equity multiple: 2.95×
• Total profit: $84,623
• Equity at exit: $139,636

10-year hold

• IRR: 21.6%
• Equity multiple: 6.76×
• Total profit: $249,881
• Equity at exit: $301,131

Cash invested: $43,400 (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 68111

• Home prices YoY: 4.0%
• Rents YoY: 3.2%
• Active inventory: 139
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,321 high
• Mortgage (P&I): −$813
• Tax from tax record: −$167 /mo · $2,010/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $-1

Break-even live

Break-even rent $1,323

Max offer price $154,749

Occupancy floor 95%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3356 N 41st St Omaha, NE	2.0	1.0	720	$1,295	$1.80	24d	1	0.02mi
3323 N 40th St Omaha, NE	2.0	1.0	1000	$1,575	$1.57	3d	1	0.17mi
3212 N 39th St Omaha, NE	1.0	1.0	1025	$785	$0.77	24d	1	0.27mi
3425 N 45th St Omaha, NE	2.0	1.0	872	$1,500	$1.72	14d	1	0.28mi
3674 Bedford Ave Omaha, NE	3.0	1.0	864	$1,275	$1.48	24d	1	0.36mi
3535 N 45th Ave Omaha, NE	3.0	1.0	1325	$1,800	$1.36	44d	1	0.36mi
3508 N 47th Ave Omaha, NE	3.0	1.0	1425	$1,600	$1.12	19d	1	0.51mi
3808 N 48th St Omaha, NE	3.0	2.0	1400	$2,000	$1.43	3d	1	0.62mi
4112 N 48th St Omaha, NE	2.0	1.0	825	$899	$1.09	10d	2	0.71mi
4112 N 48th St Unit 2 Omaha, NE	2.0	1.0	800	$899	$1.12	24d	1	0.71mi
4112 N 48th St Unit 3 Omaha, NE	2.0	1.0	800	$850	$1.06	24d	1	0.71mi
4874 Maple St Omaha, NE	3.0	1.0	1098	$1,545	$1.41	44d	1	0.74mi
3502 Lake St Omaha, NE	2.0	1.0	974	$995	$1.02	3d	1	0.76mi
2914 N 49th Ave Omaha, NE	3.0	1.0	1375	$1,615	$1.17	24d	1	0.80mi
4707 N 40th Ave Omaha, NE	3.0	1.0	1337	$1,500	$1.12	21d	1	0.82mi
4852 Boyd St Omaha, NE	2.0	2.0	912	$1,500	$1.64	44d	1	0.86mi
4844 Taylor St Apt 1 Omaha, NE	1.0	1.0	700	$795	$1.14	3d	1	0.89mi
4844 Taylor St Apt 4 Omaha, NE	2.0	1.0	750	$925	$1.23	24d	1	0.89mi
5119 Pratt St Omaha, NE	3.0	1.0	1008	$1,900	$1.88	44d	1	0.98mi
4918 Ames Ave Unit 17 Omaha, NE	2.0	1.5	1074	$850	$0.79	24d	1	0.98mi
4918 Ames Ave Apt 13 Omaha, NE	1.0	1.0	974	$750	$0.77	44d	1	0.98mi
3911 N 52nd St Apt 5 Omaha, NE	1.0	1.0	850	$799	$0.94	14d	1	1.08mi
4314 N 52nd St Omaha, NE	3.0	1.0	780	$945	$1.21	14d	1	1.20mi
4657 Camden Ave Omaha, NE	3.0	1.0	1250	$1,500	$1.20	44d	1	1.20mi
4102 Hamilton St Unit 014 Omaha, NE	2.0	1.0	811	$1,120	$1.38	24d	1	1.21mi
4102 Hamilton St Omaha, NE	2.0	1.0	811	$1,120	$1.38	3d	1	1.21mi
3430 Seward St Omaha, NE	3.0	1.0	1371	$1,695	$1.24	14d	1	1.24mi
1306 N 48th Ave Unit 1313258 Omaha, NE	2.0	1.0	994	$875	$0.88	3d	1	1.42mi
3941 Himebaugh Ave Omaha, NE	2.0	1.0	720	$1,350	$1.88	24d	1	1.46mi
1004 Glenwood Ave Unit 2 Omaha, NE	3.0	1.5	1000	$1,500	$1.50	3d	1	1.46mi
4460 Redman Ave Omaha, NE	3.0	1.0	750	$950	$1.27	44d	1	1.49mi
4470 Redman Ave Unit 4470A Omaha, NE	2.0	1.5	980	$1,050	$1.07	10d	1	1.49mi
4625 N 56th St Apt 18 Omaha, NE	2.0	1.0	700	$875	$1.25	44d	1	1.49mi
4821 Nicholas St Apt 2 Omaha, NE	2.0	1.0	720	$1,100	$1.53	44d	1	1.50mi
4821 Nicholas St Omaha, NE	2.0	1.0	740	$1,100	$1.49	24d	1	1.50mi

Listing history 18 events

1. 2026-04-28
   status Pending
2. 2026-04-22
   historical $1,600
3. 2026-04-18
   status Back On Market
4. 2026-04-16
   listed $1,600
5. 2026-04-15
   historical
6. 2026-04-15
   listed $155,000
7. 2026-04-15
   historical
8. 2026-03-16
   historical
9. 2026-03-12
   listed $140,000 New
10. 2025-10-29
    price $140,000
11. 2025-10-16
    listed $150,000 New
12. 2017-04-04
    soldstatus $37,000 Sold
13. 2017-03-07
    status Pending
14. 2017-03-02
    price $37,000
15. 2017-03-01
    status Back On Market
16. 2016-11-21
    status Pending
17. 2016-11-04
    listed $40,000 Active - New
18. 1993-10-29
    soldstatus $17,000

ⓘ 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: $2,010 · $167/mo
• Projected year-2 tax: $2,682 · $223/mo
• Expected delta: +$672/yr (+$56/mo · 33.4%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,850
• − Mortgage interest: −$8,682
• − Property taxes: −$2,010
• − Insurance: −$775
• − Repairs & maintenance: −$1,268
• − Management: −$1,268
• − Depreciation: −$4,509
• Taxable loss: −$2,662
• Est. tax savings @ 24.0%: +$639
• After-tax cash flow: $622/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: Omaha Public Schools
• NCES district ID: 3174820
• Math proficiency: 20% ▼ -10.00%
• Reading proficiency: 28% ▼ -5.00%
• Median HH income: $46,039
• Composite: 20.83/100
• National rank: #8502
• State rank: #110 of 111 in NE

Livability — Omaha

• Score: 84/100
• State rank: #7
• US rank: #663

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Omaha, NE
• County: Douglas County · 538,646 people
• City population: 552,986
• Metro: Omaha-Council Bluffs, NE-IA
• Population (ZIP): 24,210
• Household income: $42,185
• Rent vs Own: 60.3% rent · 39.7% own
• Severe rent burden: 1913.0

Population outlook (Douglas County) Hauer SSP2

• Today (2025): 625,245 people
• By 2030: 661,613 · +5.8%
• By 2040: 732,395 · +17.1%
• By 2050: 801,988 · +28.3%
• By 2075: 968,637 · +54.9%
• By 2100: 1,101,871 · +76.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 52% Hispanic / Latino 21% White 17% Two or more races 15% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Ukrainian 3% Lithuanian 0%
• Foreign-born: 14% · Canada, Philippines
• Languages at home: 75% English-only · Spanish 16% Other Asian/Pacific 3% French/Haitian/Cajun 1%

Political lean MEDSL · Douglas

• 2024 margin: D (+10.2) · D 54.4% · R 44.2% · Other 1.4%
• 2008→2024 swing: +5.5pp toward D · 2008: 4.6pp · 2024: 10.2pp
• All cycles: 2024: D+10.2 2020: D+11.3 2016: D+1.4 2012: R+4.3 2008: D+4.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 13.82%
• Current HPI: 358.7174
• Rent YoY: ▲ 3.22%
• Metro: Omaha-Council Bluffs, NE-IA
• 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

-90.6% since first listed

18 events — show timeline

• 2026-04-28 Pending — GPRMLS
• 2026-04-22 Rental Removed $1,600 TURBOTENANT
• 2026-04-18 Relisted — GPRMLS
• 2026-04-16 Listed for Rent $1,600 TURBOTENANT
• 2026-04-15 Listing Removed — GPRMLS
• 2026-04-15 Listed $155,000 GPRMLS
• 2026-04-15 Listing Removed — GPRMLS
• 2026-03-16 Listing Removed — GPRMLS
• 2026-03-12 Listed $140,000 GPRMLS
• 2025-10-29 Price Changed $140,000 GPRMLS
• 2025-10-16 Listed $150,000 GPRMLS
• 2017-04-04 Sold (MLS) $37,000 GPRMLS
• 2017-03-07 Pending — GPRMLS
• 2017-03-02 Price Changed $37,000 GPRMLS
• 2017-03-01 Relisted — GPRMLS
• 2016-11-21 Pending — GPRMLS
• 2016-11-04 Listed $40,000 GPRMLS
• 1993-10-29 Sold (Public Records) $17,000 Public Records

Property tax history

+9.1%/yr

Latest (2025): $2,010 · -0.7% YoY. Source: county tax records.