Real Estate Investing in Eskridge, Kansas (66423)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66423 (Eskridge, 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.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
• 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 Eskridge, KS (66423)?
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Market Analysis: 66423 Eskridge
Investors eyeing 66423 need to respect the fundamentals at play. Home values of $173K come alongside slower price movement and elevated management overhead.
For an experienced owner, 66423 can be a an appealing option for hunting ground — but the discount at $173K reflects genuine risk that outside investors often underestimate.
In the broader KS picture, 66423 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A healthy renter share of 21% in 66423 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 66423 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Eskridge:
Market Trends
Home Value History (with trend line)
📊 How Does 66423 Compare?
| Metric | 66423 | Eskridge | Topeka, KS | Kansas |
|---|---|---|---|---|
| Home Value | $173,023 | $173,023 | N/A | $237,409 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.2% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66423 (Eskridge, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $173,023 |
| Monthly Rent | $801 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.6%). 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 66423
Population: 830
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 66423
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
Should investors consider Eskridge, KS?
With a 3.0/5 investability score, Eskridge, KS ranks as a solid market for rental property investors. Median prices of $173K and rents of $801/mo drive the underlying numbers.
What is the rental occupancy rate in Eskridge, KS?
Occupancy in Eskridge, KS runs steady with elevated vacancy. Well-priced units at $801/mo lease on reasonable timelines.
Are eviction rules reasonable in Eskridge, KS?
For rental operators, Eskridge, KS rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Eskridge, KS suited for a house hack?
For house hackers, Eskridge, KS is a challenging. The $801/mo rent on a unit helps defray the mortgage on a $173K property.
What is the best play in Eskridge, KS?
For Eskridge, KS, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 66423 now. You don’t know where it ranks.
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How 66423 ranks in Topeka, KS
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