1137 7th St · Pawnee City, NE 68420

$90,000

3 bd · 1.0 ba · 1,160 sqft · SingleFamily public records · 3 Days on market

Built 1910 Est $78k · 16% over

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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 +23.4/30.0
• DSCR +7.5/10.0
• 1% rule +6.1/10.0
• Appreciation +5.3/10.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.4/15.0

Listing remarks

1.5 stories with lots of storage. Sits on . 65 acres on the outer edge of town. Lots of work done on the house in 2019, new roof, painted, insulated, new window in enclosed porch, some electrical. 2022 new hot water heater and 2 mini splits put in. It is classified as 3 bedrooms but could easily be 4 or 3 with large playroom or office area. Stove, furnace and hot water heater run on gas. The mini splits are electric. The up stairs has window air. Had a car port close to kitchen area, the garage is under the kitchen, good storage or work space, it would really only fit a compact car.

Key facts

• Lots of storage
• New hot water heater
• New roof

Tags

• LOTS OF STORAGE
• NEW ROOF
• INSULATED
• NEW WINDOW
• NEW HOT WATER HEATER
• MINI SPLITS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $166 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($998 rent vs $90k).

Location & tenants

• Location reads 71/100 on livability (#198 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, amenities F, commute F.
• Pawnee City Public Schools (rural): math 45% / reading 35% proficiency, ranked #217 of 245 in NE (top 89%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 15 active listings in the ZIP; 2 units permitted in Pawnee County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($622 loan paydown + $548 appreciation (0.6% local appreciation)).
• At projected returns (0.6% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,000

Questions for the listing agent

1. Built in 1910 — 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: 1.11% ✓
• Cap rate: 8.51%
• Cash-on-cash: 7.93%
• DSCR: 1.35
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $77,720
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1228 F St	0.55mi	2/1.0 (-1)	1,080 (-7%)	6mo	$72,300	$67	52
1300 H St	0.52mi	3/1.0	1,305 (+12%)	15mo	$55,000	$42	43

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

Projected returns pro-forma

0.61% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.5%
• Equity multiple: 1.42×
• Total profit: $10,591
• Equity at exit: $28,907

10-year hold

• IRR: 12.8%
• Equity multiple: 2.50×
• Total profit: $37,767
• Equity at exit: $37,046

Cash invested: $25,200 (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 68420

• Home prices YoY: 0.3%
• Active inventory: 15
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $998 medium
• Mortgage (P&I): −$472
• Tax est. 1.5%: −$112 /mo · $1,350/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$210
• Net cashflow: $166

Break-even live

Break-even rent $787

Max offer price $90,000

Occupancy floor 78%

Sensitivity live

Price	-10% $229	-5% $198	+0% $166	+5% $135	+10% $104
Rent	-10% $88	-5% $127	+0% $166	+5% $206	+10% $245
Rate	-1.0pp $212	-0.5pp $189	base $166	+0.5pp $143	+1.0pp $119

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-06-21
   days on market $90,000 Active 3 DOM
2. 2026-06-18
   remarks 589-char remark
3. 2026-06-18
   listed $90,000 Active 1 DOM

ⓘ 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 5/10 Major
• 🌡 Heat 3/10 Moderate 7 d/yr ≥107°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: $11,976
• − Mortgage interest: −$5,041
• − Property taxes: −$1,350
• − Insurance: −$450
• − Repairs & maintenance: −$958
• − Management: −$958
• − Depreciation: −$2,618
• Taxable income: $600
• Est. tax owed @ 24.0%: −$144
• After-tax cash flow: $1,853/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: Pawnee City Public Schools
• NCES district ID: 3175330
• Math proficiency: 45% ▬ 0.00%
• Reading proficiency: 35% ▬ 0.00%
• Median HH income: $39,614
• Composite: 35.95/100
• National rank: #9554
• State rank: #217 of 245 in NE

Livability — Pawnee City

• Score: 71/100
• State rank: #198
• US rank: #6994

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pawnee City, NE
• Population (ZIP): 1,230

Population outlook (Pawnee County) Hauer SSP2

• Today (2025): 2,539 people
• By 2030: 2,502 · -1.5%
• By 2040: 2,469 · -2.8%
• By 2050: 2,483 · -2.2%
• By 2075: 2,664 · +4.9%
• By 2100: 2,631 · +3.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Slovak 3% Iranian 1% Romanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · German/W. Germanic 1% Arabic 1% Spanish 1%

Political lean MEDSL · Pawnee

• 2024 margin: Solid R (+58.1) · D 20.6% · R 78.7%
• 2008→2024 swing: -30.9pp toward R · 2008: -27.2pp · 2024: -58.1pp
• All cycles: 2024: R+58.1 2020: R+52.4 2016: R+52.6 2012: R+37.7 2008: R+27.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.61%
• Current HPI: 202.1247
• 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

1 event — show timeline

• 2026-06-18 Listed $90,000 FSBO.com