Real Estate Investing in Mulberry, Kansas (66756)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66756 (Mulberry, KS)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mulberry, KS (66756)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66756 Mulberry
Within Crawford County, the 66756 ZIP shows a lower entry point around $79K. On balance, operators who can improve stock here typically see outsized uplift.
ZIP 66756 favors investors with a contractor on speed dial. Put differently, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $792/mo average.
Across KS, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 66756 reflects both traits clearly.
A renter-heavy, wage-earner demographic anchors 66756. Value-add players rely on that mix — the 19% share is both the tenant source and the buyer pool for future owner-occupied exits.
BRRRR is the most natural fit. Buy under $79K, rehab, refinance, and the capital recycles in a way turnkey markets cannot replicate.
Here's what matters if you're considering buying a home in Mulberry:
Market Trends
Home Value History (with trend line)
📊 How Does 66756 Compare?
| Metric | 66756 | Mulberry | Pittsburg, KS | Kansas |
|---|---|---|---|---|
| Home Value | $79,010 | $79,010 | N/A | $237,409 |
| 5-Year CAGR | 1.1% | 1.1% | N/A | 7.2% |
| Avg Rent | $792 | $792 | N/A | - |
| Cap Rate | 7.8% | 7.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66756 (Mulberry, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 66756 (Mulberry, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $79,010 |
| Monthly Rent | $792 |
| Price-to-Rent | 8.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.0% |
| Cap Rate | 7.8% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +1.1% ▲ |
| 10-Year CAGR | +2.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (7.8%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 66756
Population: 1,137
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Mulberry, KS a good market for buy-and-hold investors?
The 4.0/5 investability rating in Mulberry, KS reflects its $79K prices and $792/mo rents. Investors generally consider it a solid option within KS.
What are rental rates like in Mulberry, KS?
Expect rents around $792/mo per month in Mulberry, KS. With home values at $79K, the yield math works out to reasonable levels for rental investors.
Is house hacking profitable in Mulberry, KS?
The house hack math an attractive in Mulberry, KS. Owner-occupant buyers benefit from the $792/mo rents and $79K home values.
Is the 1% rule achievable in Mulberry, KS?
With rents of $792/mo on $79K homes, Mulberry, KS close to the 1% rule for most properties. The actual rent-to-price ratio is 1.00%.
Which real estate strategy fits Mulberry, KS?
In Mulberry, KS the significant play is typically value-add and BRRRR deals. The combination of $79K prices and $792/mo rents suits that approach.
You know 66756 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66756 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 66756 ranks in Pittsburg, KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 66756 (Mulberry)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 66756 (Mulberry, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.