Real Estate Investing in Bern, Kansas (66408)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66408 (Bern, 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: 23.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.9 — 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 Bern, KS (66408)?
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Market Analysis: 66408 Bern
The 66408 ZIP covers a section of Bern that demands careful diligence. Prices near $261K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $261K asset, 66408 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Bern have seen price recovery that 66408 has not matched. Nemaha County data supports the view that the spread is structural rather than temporary.
Who lives in 66408 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. sturdy returns are possible in 66408, 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 Bern:
Market Trends
Home Value History (with trend line)
📊 How Does 66408 Compare?
| Metric | 66408 | Bern | Kansas |
|---|---|---|---|
| Home Value | $260,556 | $260,556 | $237,409 |
| 5-Year CAGR | 8.2% | 8.2% | 7.2% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66408 (Bern, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $260,556 |
| Monthly Rent | $837 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 66408
Population: 250
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
Is Bern, KS a good market for buy-and-hold investors?
Investors tracking Bern, KS will find a 3.0/5 rating supported by $261K median home values and $837/mo rents. That profile suits long-term holders targeting even-keeled returns.
How landlord-friendly is Bern, KS?
The landlord environment in Bern, KS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How quickly do rentals get leased in Bern, KS?
Bern, KS carries elevated vacancy risk. Expect reliable absorption at market rents of $837/mo.
Does house hacking make sense in Bern, KS?
House hacking in Bern, KS is reasonable to execute. Prices around $261K and rents of $837/mo solid owner-occupant economics.
What is the average monthly rent in Bern, KS?
Rent in Bern, KS is around $837/mo. The resulting rent-to-value relationship with $261K pricing is reasonable for most investor models.
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