Real Estate Investing in Wetmore, Kansas (66550)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66550 (Wetmore, 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.
No major risk flags on the data we track.
• 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 Wetmore, KS (66550)?
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Market Analysis: 66550 Wetmore
On balance, ZIP 66550 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $194K median. It rewards specialists, not generalists.
Meanwhile, the numbers look inviting — $194K purchase price, 0.0% nominal cap — the work to hit that pro forma in 66550 is substantial and deserves full respect.
ZIP 66550's metrics run below Nemaha County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 66550 ZIP's population of 617 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Wetmore:
Market Trends
Home Value History (with trend line)
📊 How Does 66550 Compare?
| Metric | 66550 | Wetmore | Topeka, KS | Kansas |
|---|---|---|---|---|
| Home Value | $193,882 | $193,882 | N/A | $237,409 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.2% |
| Avg Rent | $882 | $882 | 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 66550 (Wetmore, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $193,882 |
| Monthly Rent | $882 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 66550
Population: 617
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 vacancy a concern in Wetmore, KS?
Expect elevated vacancy in Wetmore, KS. Rents at $882/mo are absorbed by the tenant base without meaningful lag.
How do experienced investors play Wetmore, KS?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Wetmore, KS. The numbers - $194K homes against $882/mo rents - support that play.
How does Wetmore, KS rate as a rental market?
Wetmore, KS rates 3.0/5 for investability. With median values at $194K and rents near $882/mo, the market offers reasonable fundamentals for rental investors.
Is Wetmore, KS good for house hacking?
The house hack math a challenging in Wetmore, KS. Owner-occupant buyers benefit from the $882/mo rents and $194K home values.
Are rents high in Wetmore, KS?
Rents in Wetmore, KS run near $882/mo. Compared with median home prices of $194K that produces solid gross yields for typical rentals.
You know 66550 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66550 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 66550 ranks in Topeka, KS
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