1914 Bancroft St · Omaha, NE 68108

$110,000

2 bd · 1.0 ba · 900 sqft · SingleFamily public records · 6 Days on market

Built 1920 6,480 sqft lot Est $123k · 11% under

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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 +21.1/30.0
• ARV discount +12.4/15.0
• DSCR +6.7/10.0
• 1% rule +5.8/10.0
• Livability +4.2/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Immaculate! Completely Updated New Vinyl Siding, Gutters, Awnings, Roof Gables, Insulation. Interior Has Newer Carpet, Partially Finished Basement With 2 Year Old Furnace, Some

Key facts

• South omaha location
• Local amenities
• 6,480 sq ft lot

Tags

• SOUTH OMAHA LOCATION
• QUICK ACCESS TO INTERSTATE
• MINUTES FROM DOWNTOWN OMAHA
• NEAR SHOPPING CENTERS
• LOCAL AMENITIES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $157 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Cap rate 8.0% vs local median 3.6% in Omaha — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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: Castelar Elementary School (math 11% / reading 20%, grade F, #479 of 502 statewide, top 95%, 519 students, 0% FRL); Norris Middle School (math 11% / reading 16%, grade F, #126 of 128 statewide, top 98%, 1,187 students, 0% FRL); South High School (math 11% / reading 13%, grade F, #254 of 261 statewide, top 98%, 2,686 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.
• Market conditions: Rents flat; 73 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,539 units permitted in Douglas County in 2024 (2,583 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Douglas County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 23y 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 $110,000

Questions for the listing agent

1. Built in 1920 — 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. 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?
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 8.01%
• Cash-on-cash: 6.12%
• DSCR: 1.27
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $123,300
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1914 Bancroft St	0.00mi	2/1.5	900 (0%)	6mo	$98,000	$109	93
2933 S 18th St	0.19mi	2/1.0	896 (-0%)	4mo	$158,000	$176	88
2428 S 19th St	0.11mi	2/1.5	952 (+6%)	6mo	$105,000	$110	78
2507 Bancroft St	0.40mi	2/1.0	852 (-5%)	7mo	$87,500	$103	67
1902 S 14th St	0.59mi	2/1.0	872 (-3%)	1mo	$185,000	$212	66
1416 Dorcas St	0.47mi	2/1.0	987 (+10%)	3mo	$92,500	$94	59
2328 S 10 St	0.63mi	2/1.0	942 (+5%)	6mo	$145,000	$154	58
1724 S 17th St	0.54mi	2/1.0	790 (-12%)	1mo	$147,000	$186	53
2508 S 26th St	0.45mi	1/1.0 (-1)	812 (-10%)	5mo	$100,000	$123	53
2766 Dupont St	0.59mi	2/1.0	828 (-8%)	14mo	$167,500	$202	48
2510 S 26th St	0.45mi	1/1.0 (-1)	784 (-13%)	5mo	$100,000	$128	48
2329 S 11th St	0.60mi	2/1.0	988 (+10%)	12mo	$135,000	$137	46

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 · 0.85% rent growth · sell at horizon

5-year hold

• IRR: -9.4%
• Equity multiple: 0.67×
• Total profit: $-10,312
• Equity at exit: $16,401

10-year hold

• IRR: -3.2%
• Equity multiple: 0.81×
• Total profit: $-5,878
• Equity at exit: $9,511

Cash invested: $30,800 (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 68108

• Home prices YoY: -19.0%
• Rents YoY: 0.8%
• Active inventory: 73
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,190 high
• Mortgage (P&I): −$577
• Tax from tax record: −$161 /mo · $1,926/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $157

Break-even live

Break-even rent $991

Max offer price $110,000

Occupancy floor 82%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2416 S 16th St Unit 2426 Omaha, NE	1.0	1.0	1005	$850	$0.85	23d	1	0.24mi
1618 Martha St Unit 2 (Top) Omaha, NE	3.0	1.0	1117	$1,150	$1.03	43d	1	0.33mi
2201 Vinton St Omaha, NE	2.0	1.0	890	$1,029	$1.16	3d	2	0.39mi
2716 S 25th St Omaha, NE	2.0	1.0	1040	$1,250	$1.20	43d	1	0.40mi
2612 S 12th St Omaha, NE	3.0	2.0	1100	$2,100	$1.91	14d	1	0.45mi
1911 S 14th St Unit 1 Omaha, NE	2.0	1.0	836	$1,000	$1.20	43d	1	0.60mi
1937 S 12th St Unit 3 Omaha, NE	1.0	1.0	700	$620	$0.89	3d	1	0.65mi
1730 S 11th St Unit 35 Omaha, NE	1.0	1.0	610	$1,075	$1.76	43d	1	0.74mi
1730 S 11th St Unit 22 Omaha, NE	1.0	1.0	610	$1,075	$1.76	3d	1	0.74mi
1416 S 16th St Unit 105 Omaha, NE	1.0	1.0	900	$925	$1.03	3d	1	0.78mi
3810 S 13th St Omaha, NE	1.0–2.0	1.0	775	$1,000	$1.29	14d	3	0.81mi
1440 S 13th St Unit 203 Omaha, NE	1.0	1.0	641	$1,290	$2.01	23d	1	0.81mi
1440 S 13th St Unit 205 Omaha, NE	1.0	1.0	650	$1,300	$2.00	23d	1	0.81mi
1440 S 13th St Omaha, NE	1.0	1.0	645	$1,295	$2.01	10d	2	0.81mi
1440 S 13th St Omaha, NE	2.0	1.0–2.0	707	$1,860	$2.63	43d	6	0.81mi
3814 S 24th St Unit 2 Omaha, NE	1.0	1.0	850	$950	$1.12	3d	1	0.84mi
3814 S 24th St Unit 3 Omaha, NE	1.0	1.0	850	$800	$0.94	43d	1	0.84mi
3814 S 24th St Unit 4 Omaha, NE	2.0	1.0	850	$850	$1.00	43d	1	0.84mi
1402 S 13th St Unit 2 Omaha, NE	1.0	1.0	589	$725	$1.23	43d	1	0.88mi
1910 1/2 S 8th St Omaha, NE	2.0	1.0	1116	$1,350	$1.21	3d	1	0.88mi
1911 Park Ave Apt 4 Omaha, NE	1.0	1.0	700	$725	$1.04	23d	1	0.89mi
2011 S 7th St Omaha, NE	2.0	1.0	750	$975	$1.30	14d	1	0.93mi
1323 S 12th St Omaha, NE	1.0–2.0	1.0–2.0	958	$2,100	$2.19	2d	1	0.94mi
1233 1/2 S 14th St Omaha, NE	1.0	1.0	576	$1,000	$1.74	43d	1	0.96mi
2415 E St Unit 4 Omaha, NE	3.0	1.0	1000	$1,150	$1.15	14d	1	0.99mi
1109 S 22nd St Omaha, NE	1.0	1.0	800	$1,100	$1.38	43d	1	1.01mi
1517 S 8th St Omaha, NE	1.0–2.0	1.0–2.0	865	$2,000	$2.31	1d	90	1.03mi
3311 S 32nd Ave Unit GBR3311 Omaha, NE	2.0	1.0	800	$1,095	$1.37	43d	1	1.07mi
913 Forest Ave Unit 913-1 Omaha, NE	2.0	2.0	1100	$1,695	$1.54	14d	1	1.11mi
4131 S 25th St Apt 16 Omaha, NE	1.0	1.0	700	$725	$1.04	43d	1	1.12mi
1311 S 9th St Omaha, NE	1.0	1.0	743	$1,350	$1.82	1d	37	1.13mi
925 Pierce St Unit 112 Omaha, NE	2.0	2.0	1086	$1,795	$1.65	3d	1	1.14mi
925 Pierce St Unit 223 Omaha, NE	2.0	1.0	1056	$1,600	$1.52	23d	1	1.14mi
925 Pierce St Apt 219 Omaha, NE	1.0	1.0	715	$1,395	$1.95	3d	1	1.14mi
925 Pierce St Unit 123 Omaha, NE	2.0	1.0	1056	$1,895	$1.79	43d	1	1.14mi
1012 S 24th St Omaha, NE	1.0–3.0	1.0	918	$1,050	$1.14	3d	5	1.16mi
1325 S 30th Ave Unit 1 Omaha, NE	1.0	1.0	600	$950	$1.58	14d	1	1.17mi
1330 S 30th Ave #2 Omaha, NE	1.0	1.0	600	$750	$1.25	3d	1	1.19mi
1330 S 30th Ave #3 Omaha, NE	2.0	1.0	700	$845	$1.21	43d	1	1.19mi
815 Pierce St Omaha, NE	3.0	1.0	968	$1,500	$1.55	23d	1	1.19mi

Listing history 7 events

1. 2026-01-06
   soldstatus $101,049
2. 2025-10-07
   status Pending
3. 2025-10-01
   listed $110,000 New
4. 2003-10-01
   soldstatus $52,000
5. 2003-09-26
   soldstatus $51,950 176-char remark

   Show marketing remark (176 chars)

   Immaculate! Completely Updated New Vinyl Siding, Gutters, Awnings, Roof Gables, Insulation. Interior Has Newer Carpet, Partially Finished Basement With 2 Year Old Furnace, Some

6. 2003-08-25
   listed $51,950 176-char remark

   Show marketing remark (176 chars)

   Immaculate! Completely Updated New Vinyl Siding, Gutters, Awnings, Roof Gables, Insulation. Interior Has Newer Carpet, Partially Finished Basement With 2 Year Old Furnace, Some

7. 2003-08-25
   historical 176-char remark

   Show marketing remark (176 chars)

   Immaculate! Completely Updated New Vinyl Siding, Gutters, Awnings, Roof Gables, Insulation. Interior Has Newer Carpet, Partially Finished Basement With 2 Year Old Furnace, Some

ⓘ 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: $1,926 · $161/mo
• Projected year-2 tax: $1,926 · $161/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 14 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: $14,282
• − Mortgage interest: −$6,162
• − Property taxes: −$1,926
• − Insurance: −$550
• − Repairs & maintenance: −$1,143
• − Management: −$1,143
• − Depreciation: −$3,200
• Taxable income: $159
• Est. tax owed @ 24.0%: −$38
• After-tax cash flow: $1,846/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): 14,578
• Household income: $53,609
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 511.0

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 0.57)
• Race & ethnicity: Hispanic / Latino 47% White 45% Two or more races 18% Black 2% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 33%
• Common ancestry: Romanian 3% Lithuanian 2% Portuguese 2%
• Foreign-born: 21% · Canada
• Languages at home: 57% English-only · Spanish 40% Korean 2%

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: ▼ -75.17%
• Current HPI: 320.3596
• Rent YoY: ▲ 0.85%
• 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

+94.5% since first listed

7 events — show timeline

• 2026-01-06 Sold (Public Records) $101,049 Public Records
• 2025-10-07 Pending — GPRMLS
• 2025-10-01 Listed $110,000 GPRMLS
• 2003-10-01 Sold (Public Records) $52,000 Public Records
• 2003-09-26 Sold (MLS) $51,950 GPRMLS
• 2003-08-25 Listing Removed — GPRMLS
• 2003-08-25 Listed $51,950 GPRMLS

Property tax history

+8.2%/yr

Latest (2025): $1,926 · +0.5% YoY. Source: county tax records.