16113 Isabella St · Bennington, NE 68007

$340,000

3 bd · 2.5 ba · 2,090 sqft · Other public records · 53 Days on market

Built 2023 6,210 sqft lot $163/sqft · 29% below area Est $445k · 24% under $11/mo HOA ↓ 13% since listing

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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).

• ARV discount +15.0/15.0
• Schools +6.1/10.0
• Cash flow +5.8/30.0
• Rent growth +4.0/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• DSCR +0.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

Key facts

• Open main level
• Quartz countertops
• Pre inspected home

Tags

• PRE INSPECTED HOME
• OPEN MAIN LEVEL
• QUARTZ COUNTERTOPS
• DURABLE LVP FLOORING
• STAINLESS STEEL APPLIANCES
• WALK IN CLOSET

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $130

Exterior

• Parking: Attached garage with 2 built-in covered parking spaces and garage door opener
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-family residence; Two levels; Not a model / not new
• Construction: Built in 2023; Stone and Masonite exterior; Composition roof; Concrete perimeter foundation
• Exterior features: Porch; Patio; Sprinkler system; City lot with public sidewalk, curb and gutter; Lot approximately 0.14 acre (46 x 135)

Interior

• Kitchen: Range; Refrigerator; Dishwasher; Microwave
• Bedrooms: Primary bedroom on the 2nd floor with walk-in closet and 9'+ ceilings; Additional bedrooms located on the 2nd floor
• Flooring: Carpet; Luxury vinyl plank
• Bathrooms: Total of 4 bathrooms: 1 full, 1 three-quarter, and 2 half bathrooms; Bathroom(s) on the main level and below grade
• Heating & cooling: Natural gas forced air heat; Central air conditioning
• Interior features: High ceilings; Ceiling fans; Sump pump
• Laundry & utility: Humidifier (listed with appliances)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath other listed at $340k.

Deal economics

• At list price, monthly cash flow is $-682 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $219k (35.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $250k (26.4% below list).
• Recommended offer: $219k (35.4% below list) — sets the bar for cash-flow.
• Cap rate 3.9% vs local median 3.0% in Bennington — 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 79/100 on livability (#38 in NE, #2,075 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• Bennington Public Schools (rural): math 67% / reading 67% proficiency, ranked #3 of 111 in NE (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 6% free/reduced lunch — higher-income household profile.
• Zoned schools: Bennington Elementary School (math 77% / reading 72%, grade A, #20 of 502 statewide, top 5%, 403 students, 17% FRL); Bennington Middle School (math 64% / reading 63%, grade B+, #13 of 128 statewide, top 10%, 410 students, 19% FRL); Bennington High School (math 66% / reading 70%, grade B, #21 of 261 statewide, top 8%, 1,002 students, 14% FRL).
• Market conditions: Rents rising fast (+5.9%/yr); 464 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $2k of loan paydown is wiped out by about $10k 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

• It's been on market 53 days — a 3% lower offer ($330k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y 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: property tax is 2.6% of price.

Recommended offer $219,478 (35.4% 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 53 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.74% ✗
• Cap rate: 3.89%
• Cash-on-cash: -8.60%
• DSCR: 0.62
• GRM: 11.3

CMA / ARV

• ARV (median comp): $444,561
• List price: $340,000
• Delta: -23.52%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 5.88% rent growth · sell at horizon

5-year hold

• IRR: -27.7%
• Equity multiple: 0.05×
• Total profit: $-90,859
• Equity at exit: $50,695

10-year hold

• IRR: -17.0%
• Equity multiple: -0.07×
• Total profit: $-101,668
• Equity at exit: $29,397

Cash invested: $95,200 (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 68007

• Home prices YoY: -19.4%
• Rents YoY: 5.9%
• Active inventory: 464
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $2,502 medium
• Mortgage (P&I): −$1,783
• Tax from tax record: −$723 /mo · $8,681/yr
• Insurance: −$142
• HOA: −$11
• Vacancy / Maint / Mgmt: −$525
• Net cashflow: $-682

Break-even live

Break-even rent $3,366

Max offer price $219,478

Occupancy floor —

Sensitivity live

Price	-10% $-490	-5% $-586	+0% $-682	+5% $-778	+10% $-875
Rent	-10% $-880	-5% $-781	+0% $-682	+5% $-583	+10% $-485
Rate	-1.0pp $-511	-0.5pp $-596	base $-682	+0.5pp $-770	+1.0pp $-860

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: $85,000
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15975 Kempten Creek Dr Bennington, NE	3.0	4.0	1930	$2,800	$1.45	12d	1	0.12mi
12314 N 149th Cir Bennington, NE	3.0	2.0	1523	$2,450	$1.61	3d	1	1.14mi
14802 Willow St Unit 14804 Bennington, NE	4.0	3.5	2561	$2,650	$1.03	45d	1	1.22mi

HOA detail

• Monthly dues: $11 · $132/yr

Listing history 34 events

1. 2026-06-22
   days on market $340,000 Active 53 DOM
2. 2026-06-18
   days on market $340,000 Active 50 DOM
3. 2026-06-17
   days on market $340,000 Active 49 DOM
4. 2026-06-16
   days on market $340,000 Active 48 DOM
5. 2026-06-15
   remarks 677-char remark
6. 2026-06-15
   price $340,000 Active 47 DOM
7. 2026-06-15
   days on market $345,000 Active 47 DOM
8. 2026-06-13
   days on market $345,000 Active 45 DOM
9. 2026-06-13
   days on market $345,000 Active 44 DOM
10. 2026-06-10
    days on market $345,000 Active 42 DOM
11. 2026-06-09
    days on market $345,000 Active 41 DOM
12. 2026-06-08
    pricedays on market $345,000 Active 40 DOM
13. 2026-06-07
    days on market $350,000 Active 39 DOM
14. 2026-06-05
    days on market $350,000 Active 36 DOM
15. 2026-06-03
    days on market $350,000 Active 35 DOM
16. 2026-06-03
    days on market $350,000 Active 34 DOM
17. 2026-06-01
    days on market $350,000 Active 33 DOM
18. 2026-05-31
    days on market $350,000 Active 32 DOM
19. 2026-04-01
    listed $350,000 New 912-char remark
20. 2024-01-11
    soldstatus $334,000 Sold 901-char remark

    Show marketing remark (901 chars)

    Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

21. 2023-11-21
    status Pending 901-char remark

    Show marketing remark (901 chars)

    Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

22. 2023-11-17
    price $334,000 901-char remark

    Show marketing remark (901 chars)

    Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

23. 2023-11-01
    price $339,000 901-char remark

    Show marketing remark (901 chars)

    Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

24. 2023-09-07
    listed $349,000 New 901-char remark

    Show marketing remark (901 chars)

    Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

25. 2023-09-07
    historical

    Show marketing remark (901 chars)

    Welcome home to your new two story home in Bennington's newest neighborhood! The "Carter" by The Home Company is a 1940 sf two-story home with the basement also finished! This open floor plan boasts a 2 car garage, 3 bedrooms, and 4 bathrooms! Quartz countertops throughout, Luxury VCC flooring, and an open floor plan provide the space to comfortably live and grow with the home! The great curb appeal this home provides sets the tone for a well- designed layout , and the custom craftsmanship. Kempten Creek provides easy access to the city parks, the elementary school, middle school, and high school! When buying a home, New Construction provides guaranteed walkthroughs and warranties for peace of mind! Come take a look at this great opportunity for high quality, in a prime location, at a price that provides value! AMA. Estimated completion summer 2023. Photos are of a similar home.

26. 2023-08-29
    price $349,000
27. 2023-08-09
    price $359,000
28. 2023-07-26
    price $369,000
29. 2023-07-24
    listed $388,925 New
30. 2023-07-24
    historical
31. 2023-07-05
    listed $496,845 New
32. 2023-07-05
    historical
33. 2023-06-08
    price $379,000
34. 2023-01-24
    listed $388,925 New

ⓘ 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: $8,681 · $723/mo
• Projected year-2 tax: $8,681 · $723/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 · 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: $30,028
• − Mortgage interest: −$19,045
• − Property taxes: −$8,681
• − Insurance: −$1,700
• − Repairs & maintenance: −$2,402
• − Management: −$2,402
• − HOA: −$132
• − Depreciation: −$9,891
• Taxable loss: −$14,226
• Est. tax savings @ 24.0%: +$3,414
• After-tax cash flow: $-4,773/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: Bennington Public Schools
• NCES district ID: 3103990
• Math proficiency: 67% ▼ -6.00%
• Reading proficiency: 67% ▼ -7.00%
• Median HH income: $87,771
• Composite: 60.5/100
• National rank: #843
• State rank: #3 of 111 in NE

Livability — Bennington

• Score: 79/100
• State rank: #38
• US rank: #2075

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Douglas County · 538,646 people
• City population: 19,536
• Metro: Omaha-Council Bluffs, NE-IA
• Population (ZIP): 19,536
• Household income: $141,042
• Rent vs Own: 7.5% rent · 92.5% own
• Severe rent burden: 107.0

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: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 6% Two or more races 5% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Iranian 4% Romanian 4% Italian 3%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 3% Other Indo-European 1% Russian/Polish/Slavic 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: ▼ -60.06%
• Current HPI: 250.3443
• Rent YoY: ▲ 5.88%
• 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

-12.6% since first listed

18 events — show timeline

• 2026-06-15 Price Changed $340,000 GPRMLS
• 2026-06-08 Price Changed $345,000 GPRMLS
• 2026-04-01 Listed $350,000 GPRMLS
• 2024-01-11 Sold (MLS) $334,000 GPRMLS
• 2023-11-21 Pending — GPRMLS
• 2023-11-17 Price Changed $334,000 GPRMLS
• 2023-11-01 Price Changed $339,000 GPRMLS
• 2023-09-07 Listing Removed — GPRMLS
• 2023-09-07 Listed $349,000 GPRMLS
• 2023-08-29 Price Changed $349,000 GPRMLS
• 2023-08-09 Price Changed $359,000 GPRMLS
• 2023-07-26 Price Changed $369,000 GPRMLS
• 2023-07-24 Listing Removed — GPRMLS
• 2023-07-24 Listed $388,925 GPRMLS
• 2023-07-05 Listing Removed — GPRMLS
• 2023-07-05 Listed $496,845 GPRMLS
• 2023-06-08 Price Changed $379,000 GPRMLS
• 2023-01-24 Listed $388,925 GPRMLS

Property tax history

+426.0%/yr

Latest (2025): $8,681 · -9.1% YoY. Source: county tax records.