Real Estate Investing in Ozawkie, Kansas (66070)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66070 (Ozawkie, KS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ozawkie, KS (66070)?
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Market Analysis: 66070 Ozawkie
The 66070 ZIP covers a section of Ozawkie that demands careful diligence. Prices near $259K look accessible, but the work to make a deal cash flow is real.
The 66070 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 66070 and stronger Ozawkie ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 66070 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. solid returns are possible in 66070, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Ozawkie:
Property Strategy for 66070
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $185,561 | $1,090 | 4.2% | +8.2% | $92,781 |
| 3BR | $245,171 | $1,440 | 4.2% | +8.0% | $81,724 |
| 4BR | $330,647 | $1,460 | 3.2% | +7.2% | $82,662 |
Market Trends
Home Value History (with trend line)
📊 How Does 66070 Compare?
| Metric | 66070 | Ozawkie | Topeka, KS | Kansas |
|---|---|---|---|---|
| Home Value | $258,912 | $258,912 | N/A | $237,409 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.2% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 66070 (Ozawkie, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $258,912 |
| Monthly Rent | $981 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +12.1% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 66070
Population: 1,974
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
Frequently Asked Questions
What approach is best for Ozawkie, KS real estate?
The best-fit strategy in Ozawkie, KS is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How tight is the rental market in Ozawkie, KS?
Ozawkie, KS carries elevated vacancy risk. Expect reliable absorption at market rents of $981/mo.
What is it like being a landlord in Ozawkie, KS?
KS ranks as a landlord-friendly state for landlord-tenant law. Ozawkie generally follows the statewide framework, so landlords face reasonable operating rules.
Is Ozawkie, KS good for house hacking?
The house hack math a challenging in Ozawkie, KS. Owner-occupant buyers benefit from the $981/mo rents and $259K home values.
How strong are rents in Ozawkie, KS?
Investors in Ozawkie, KS typically see rents near $981/mo per month against $259K home values - a solid setup for rental cash flow.
You know 66070 now. You don’t know where it ranks.
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How 66070 ranks in Topeka, KS
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