556 W 5th St · York, NE 68467

$150,000

2 bd · 1.5 ba · 1,104 sqft · SingleFamily public records · 52 Days on market

Built 1900 8,364 sqft lot $136/sqft · at area comps Est $155k · 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 +12.2/30.0
• ARV discount +9.0/15.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• DSCR +3.6/10.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautiful 4 bedroom home featuring a relaxing front porch and fresh updated throughout.

Key facts

• 8,364 sq ft lot
• Built 1900
• Listed 52 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-31 ($-372/yr) — negative.
• To cash-flow at today's rent, offer at most $145k (3.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $113k (24.8% below list).
• Recommended offer: $113k (24.8% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 3.2% in York — 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 80/100 on livability (#24 in NE, #1,666 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• York Public Schools (town): math 55% / reading 51% proficiency, ranked #55 of 111 in NE (top 50%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 75 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 29 units permitted in York County in 2024 (0 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 $4k of value loss. Plan a longer hold.
• York County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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.
• Current owner paid $30k; list at $150k implies a 400% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $112,831 (24.8% 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. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 25% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.75% ✗
• Cap rate: 6.04%
• Cash-on-cash: -0.89%
• DSCR: 0.96
• GRM: 11.1

CMA / ARV

• ARV (median comp): $155,340
• List price: $150,000
• Delta: -3.44%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
910 N Greenwood Ave	0.31mi	1/1.0 (-1)	1,118 (+1%)	6mo	$120,000	$107	71
558 W 7th St	0.14mi	3/1.0 (+1)	988 (-10%)	2mo	$135,000	$137	68
632 W 7th St	0.17mi	2/1.0	1,194 (+8%)	11mo	$141,500	$119	67
413 N Iowa Ave	0.59mi	3/1.0 (+1)	1,066 (-3%)	8mo	$141,000	$132	53
614 N East Ave	0.68mi	3/1.0 (+1)	1,056 (-4%)	12mo	$195,500	$185	44
926 N East Ave	0.74mi	2/2.0	978 (-11%)	2mo	$72,500	$74	43
1114 N Burlington Ave	0.70mi	3/2.0 (+1)	1,204 (+9%)	8mo	$91,000	$76	39
620 E 6th St	0.70mi	3/2.0 (+1)	1,199 (+9%)	23mo	$216,000	$180	27

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.8%
• Equity multiple: 0.37×
• Total profit: $-26,336
• Equity at exit: $22,365

10-year hold

• IRR: -10.0%
• Equity multiple: 0.39×
• Total profit: $-25,694
• Equity at exit: $12,969

Cash invested: $42,000 (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 68467

• Active inventory: 75
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,128 high
• Mortgage (P&I): −$787
• Tax from tax record: −$73 /mo · $879/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $-31

Break-even live

Break-even rent $1,168

Max offer price $144,518

Occupancy floor 98%

Sensitivity live

Price	-10% $54	-5% $11	+0% $-31	+5% $-73	+10% $-116
Rent	-10% $-120	-5% $-76	+0% $-31	+5% $14	+10% $58
Rate	-1.0pp $45	-0.5pp $7	base $-31	+0.5pp $-70	+1.0pp $-109

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1201 S Hutchins Ave Unit 205 York, NE	3.0	1.0	996	$1,195	$1.20	45d	1	0.68mi
1201 S Hutchins Ave York, NE	2.0–3.0	1.0	905	$1,095	$1.21	45d	2	0.68mi
1241 S Hutchins Ave York, NE	2.0–3.0	1.0	905	$1,095	$1.21	45d	5	0.71mi
1315 N Iowa Ave York, NE	2.0	1.0	980	$1,200	$1.22	45d	1	0.81mi
1911 N Linden Ave Unit 09-612 York, NE	3.0	2.0	1345	$1,000	$0.74	45d	1	1.20mi

Listing history 10 events

1. 2026-05-14
   status Pending 103-char remark

   Show marketing remark (103 chars)

   Welcome to this beautiful 4 bedroom home featuring a relaxing front porch and fresh updated throughout.

2. 2026-03-22
   listed $150,000 New 103-char remark

   Show marketing remark (103 chars)

   Welcome to this beautiful 4 bedroom home featuring a relaxing front porch and fresh updated throughout.

3. 2022-09-01
   soldstatus $30,000 Sold 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

4. 2022-08-23
   status Pending 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

5. 2022-08-16
   price $39,900 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

6. 2022-05-26
   price $45,000 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

7. 2022-03-29
   price $53,250 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

8. 2022-02-25
   status Active - New 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

9. 2022-02-25
   historical 137-char remark

   Show marketing remark (137 chars)

   Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

10. 2022-02-24
    listed $55,000 Active - New 137-char remark

    Show marketing remark (137 chars)

    Affordable 2 bedroom home! There is main floor laundry. Upstairs has two bedrooms. Corner lot with a good sized back yard. Selling as-is.

ⓘ 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: $879 · $73/mo
• Projected year-2 tax: $2,595 · $216/mo
• Expected delta: +$1,716/yr (+$143/mo · 195.1%)

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

Climate risk First Street

• 🌊 Flood 2/10 Low FEMA zone X (shaded) · 9% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 15 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: $13,540
• − Mortgage interest: −$8,402
• − Property taxes: −$879
• − Insurance: −$750
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − Depreciation: −$4,364
• Taxable loss: −$3,022
• Est. tax savings @ 24.0%: +$725
• After-tax cash flow: $353/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: York Public Schools
• NCES district ID: 3179050
• Math proficiency: 55% ▼ -9.00%
• Reading proficiency: 51% ▼ -4.00%
• Median HH income: $48,726
• Composite: 45.18/100
• National rank: #2675
• State rank: #55 of 111 in NE

Livability — York

• Score: 80/100
• State rank: #24
• US rank: #1666

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: York, NE
• City population: 9,688
• Population (ZIP): 9,688

Population outlook (York County) Hauer SSP2

• Today (2025): 13,976 people
• By 2030: 14,103 · +0.9%
• By 2040: 14,490 · +3.7%
• By 2050: 15,059 · +7.7%
• By 2075: 18,276 · +30.8%
• By 2100: 21,449 · +53.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 7% Two or more races 6% Black 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Iranian 2% Romanian 1% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Asian/Pacific 1%

Political lean MEDSL · York

• 2024 margin: Solid R (+51.3) · D 23.6% · R 74.9% · Other 1.5%
• 2008→2024 swing: -2.0pp toward R · 2008: -49.3pp · 2024: -51.3pp
• All cycles: 2024: R+51.3 2020: R+51.8 2016: R+56.0 2012: R+55.4 2008: R+49.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -126.71%
• Current HPI: 192.5562
• 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

+172.7% since first listed

10 events — show timeline

• 2026-05-14 Pending — GPRMLS
• 2026-03-22 Listed $150,000 GPRMLS
• 2022-09-01 Sold (MLS) $30,000 GPRMLS
• 2022-08-23 Pending — GPRMLS
• 2022-08-16 Price Changed $39,900 GPRMLS
• 2022-05-26 Price Changed $45,000 GPRMLS
• 2022-03-29 Price Changed $53,250 GPRMLS
• 2022-02-25 Relisted — GPRMLS
• 2022-02-25 Listing Removed — GPRMLS
• 2022-02-24 Listed $55,000 GPRMLS

Property tax history

+5.1%/yr

Latest (2025): $879 · +67.8% YoY. Source: county tax records.