Real Estate Investing in Westphalia, Kansas (66093)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66093 (Westphalia, KS)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Westphalia, KS (66093)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66093 Westphalia
ZIP 66093 inside Anderson County looks affordable on the surface — median value of $255K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 66093 is substantial only for operators who understand what they are buying. A $255K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Westphalia have seen price recovery that 66093 has not matched. Anderson County data supports the view that the spread is structural rather than temporary.
Demographically, 66093 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 66093 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Westphalia:
Market Trends
Home Value History (with trend line)
📊 How Does 66093 Compare?
| Metric | 66093 | Westphalia | Kansas |
|---|---|---|---|
| Home Value | $254,702 | $254,702 | $237,409 |
| 5-Year CAGR | 6.2% | 6.2% | 7.2% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 2.5% | 2.5% | - |
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 66093 (Westphalia, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 66093 (Westphalia, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $254,702 |
| Monthly Rent | $810 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +10.4% ▲ |
🏠 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 (2.5%). 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 66093
Population: 664
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
🎓 Schools in 66093
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How much should I expect to pay for a home in Westphalia, KS?
Typical homes in Westphalia, KS go for around $255K. The 5-year CAGR of 0.0% predictable price movement.
Is Westphalia, KS a good market for FHA house hackers?
Westphalia, KS offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $810/mo rent level.
What is the investability score for Westphalia, KS?
Westphalia, KS posts an investability rating of 3.0/5, with median home values near $255K and average rents around $810/mo. That combination puts it in the solid tier for investor interest.
What is it like being a landlord in Westphalia, KS?
KS ranks as a landlord-friendly state for landlord-tenant law. Westphalia generally follows the statewide framework, so landlords face reasonable operating rules.
How much rent can I charge in Westphalia, KS?
Westphalia, KS rentals go for roughly $810/mo a month. That puts gross yield in solid territory relative to $255K acquisition costs.
You know 66093 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66093 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.
AI Market Advisor
Ask questions about investing in 66093 (Westphalia)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 66093 (Westphalia, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.