57510 719 Rd · Jansen, NE 68377

$1

3 bd · 2.0 ba · 2,748 sqft · SingleFamily public records · 46 Days on market

Built 1900 4.99 ac lot

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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 +7.5/15.0
• Appreciation +5.0/10.0
• Schools +4.9/10.0
• Livability +3.2/5.0
• Cash flow +2.9/30.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

ONLINE ONLY AUCTION - Auction closes May 8th at 6 PM (soft close). All bidding at bidschultis.com. The home features a living room, dining room, kitchen, bathroom, and laundry on the main floor.  The upstairs features a bathroom and 3 bedrooms.  The attic provides additional storage or could be converted to living space.  The basement is unfinished and needs repaired or replaced.  There is a 2 stall attached garage and a 2 stall detached garage as well as some older livestock sheds.  All situated on a nearly 5 acre lot close to Cub Creek!

Key facts

• 4.99 acre lot
• 4 garage spots
• Built 1900

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $295,465 (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 $1.

Deal economics

• At list price, monthly cash flow is $-977 ($-12k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

Location & tenants

• Location reads 65/100 on livability (#333 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety C-, schools D-, amenities F.
• Tri County Public Schools (rural): math 56% / reading 58% proficiency, ranked #28 of 111 in NE (top 25%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 3 active listings in the ZIP; 9 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $11k of equity ($2k loan paydown + $9k appreciation (3.0% local appreciation)).
• Jefferson County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 4, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($0) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 443197.6% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

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 46 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
3. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.46% ✗
• Cap rate: 2.32%
• Cash-on-cash: -14.17%
• DSCR: 0.37
• GRM: 18.3

CMA / ARV

• ARV (median comp): $295,465
• List price: $1
• Delta: -100.00%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -5.6%
• Equity multiple: 0.68×
• Total profit: $-26,625
• Equity at exit: $132,854

10-year hold

• IRR: -0.6%
• Equity multiple: 0.91×
• Total profit: $-7,483
• Equity at exit: $204,744

Cash invested: $82,730 (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 68377

• Active inventory: 3

Monthly cashflow live

• Estimated rent: $1,348 medium
• Mortgage (P&I): −$1,549
• Tax est. 1.5%: −$369 /mo · $4,432/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $-977

Break-even live

Break-even rent $2,585

Max offer price $154,064

Occupancy floor —

Sensitivity live

Price	-10% $-773	-5% $-875	+0% $-977	+5% $-1,079	+10% $-1,181
Rent	-10% $-1,084	-5% $-1,030	+0% $-977	+5% $-924	+10% $-871
Rate	-1.0pp $-828	-0.5pp $-902	base $-977	+0.5pp $-1,054	+1.0pp $-1,132

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: $73,866
• Closing costs: $8,864
• Reserves months: —
• Total cash needed: —

Listing history 1 events

1. 2026-04-03
   listed $1 New 571-char remark

   Show marketing remark (571 chars)

   ONLINE ONLY AUCTION - Auction closes May 8th at 6 PM (soft close). All bidding at bidschultis.com. The home features a living room, dining room, kitchen, bathroom, and laundry on the main floor.  The upstairs features a bathroom and 3 bedrooms.  The attic provides additional storage or could be converted to living space.  The basement is unfinished and needs repaired or replaced.  There is a 2 stall attached garage and a 2 stall detached garage as well as some older livestock sheds.  All situated on a nearly 5 acre lot close to Cub Creek!

ⓘ 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 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥105°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: $16,173
• − Mortgage interest: −$16,551
• − Property taxes: −$4,432
• − Insurance: −$1,477
• − Repairs & maintenance: −$1,294
• − Management: −$1,294
• − Depreciation: −$8,595
• Taxable loss: −$17,470
• Est. tax savings @ 24.0%: +$4,193
• After-tax cash flow: $-7,533/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: Tri County Public Schools
• NCES district ID: 3105970
• Math proficiency: 56% ▲ 6.00%
• Reading proficiency: 58% ▲ 8.00%
• Median HH income: $51,517
• Composite: 48.73/100
• National rank: #2098
• State rank: #28 of 111 in NE

Livability — Jansen

• Score: 65/100
• State rank: #333
• US rank: #12511

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 346

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 6,961 people
• By 2030: 6,831 · -1.9%
• By 2040: 6,590 · -5.3%
• By 2050: 6,510 · -6.5%
• By 2075: 6,831 · -1.9%
• By 2100: 7,072 · +1.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Iranian 1% Hungarian 1% Romanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+45.3) · D 26.7% · R 72.0% · Other 1.4%
• 2008→2024 swing: -29.6pp toward R · 2008: -15.8pp · 2024: -45.3pp
• All cycles: 2024: R+45.3 2020: R+42.9 2016: R+45.4 2012: R+28.4 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

Property tax history

-23.2%/yr

Latest (2025): $41 · -96.3% YoY. Source: county tax records.