Real Estate Investing in Overland Park, Kansas (66207)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66207 (Overland Park, 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.
No major risk flags on the data we track.
What’s happening in Overland Park, KS (66207)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66207 Overland Park
The 66207 ZIP in Overland Park, KS is a local-operator market. Outside capital chasing a $526K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 66207 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 66207's metrics run below Johnson County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 66207 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 66207 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Overland Park:
Property Strategy for 66207
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $261,020 | $2,040 | 5.6% | +6.1% | $130,510 |
| 3BR | $391,700 | $2,660 | 4.9% | +6.9% | $130,567 |
| 4BR | $558,217 | $3,160 | 4.1% | +7.1% | $139,554 |
| 5BR | $839,033 | — | — | +7.9% | $167,807 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 66207 Compare?
| Metric | 66207 | Overland Park | Kansas City, MO-KS | Kansas |
|---|---|---|---|---|
| Home Value | $526,275 | $440,483 | N/A | $237,409 |
| 5-Year CAGR | 6.4% | 6.0% | N/A | 7.2% |
| Avg Rent | $1,896 | $1,786 | N/A | - |
| Cap Rate | 2.8% | 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 66207 (Overland Park, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 66207 (Overland Park, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $526,275 |
| Monthly Rent | $1,896 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | -7.9% ▼ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +3.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 66207
Population: 15,149
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 66207
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CENTER MIDDLE
BOONE ELEM.
RED BRIDGE ELEM.
YELLOW JACKET EARLY LEARNING
INDIAN CREEK ELEM.
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Where do home prices stand in Overland Park, KS?
Overland Park, KS home values average about $526K. That price point suits investors targeting rentals with $1,896/mo in monthly income.
How tight is the rental market in Overland Park, KS?
Overland Park, KS carries elevated vacancy risk. Expect reliable absorption at market rents of $1,896/mo.
What kind of tenants rent in Overland Park, KS?
Overland Park, KS offers a even-keeled renter base at the $1,896/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strict are landlord regulations in Overland Park, KS?
Overland Park, KS operates under KS law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
How does Overland Park, KS stack up for property investment?
Yes - Overland Park, KS a 3.0/5 investability score. With $526K home prices against $1,896/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 66207 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66207 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 66207 ranks in Kansas City, MO-KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 66207 (Overland Park)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 66207 (Overland Park, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.