Real Estate Investing in Hoyt, Kansas (66440)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66440 (Hoyt, 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 25.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hoyt, KS (66440)?
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Market Analysis: 66440 Hoyt
The 66440 ZIP in Hoyt, KS is a local-operator market. Outside capital chasing a $296K entry has to pair deep knowledge with the discount.
Rent of $954/mo on a $296K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 66440 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Hoyt have seen price recovery that 66440 has not matched. Jackson County data supports the view that the spread is structural rather than temporary.
Stepping back, 1,924 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 66440 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 Hoyt:
Property Strategy for 66440
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $196,240 | $1,060 | 3.9% | +9.8% | $98,120 |
| 3BR | $282,042 | $1,400 | 3.6% | +10.0% | $94,014 |
Market Trends
Home Value History (with trend line)
📊 How Does 66440 Compare?
| Metric | 66440 | Hoyt | Topeka, KS | Kansas |
|---|---|---|---|---|
| Home Value | $296,483 | $296,483 | N/A | $237,409 |
| 5-Year CAGR | 7.7% | 7.7% | N/A | 7.2% |
| Avg Rent | $954 | $954 | N/A | - |
| 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 66440 (Hoyt, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $296,483 |
| Monthly Rent | $954 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 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 66440
Population: 1,924
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 66440
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 Hoyt, KS?
Typical homes in Hoyt, KS go for around $296K. The 5-year CAGR of 0.0% consistent price movement.
Does house hacking work in Hoyt, KS?
House hacking works a challenging in Hoyt, KS. Rents of $954/mo against $296K acquisition make the strategy solid for owner-occupants.
What are vacancy rates like in Hoyt, KS?
Vacancy in Hoyt, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $954/mo.
What monthly rent should investors expect in Hoyt, KS?
Average rent in Hoyt, KS is approximately $954/mo per month. Against $296K home values that yields a reasonable rent-to-price ratio.
What is the renter demographic in Hoyt, KS?
Hoyt, KS offers a stable renter base at the $954/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 66440 now. You don’t know where it ranks.
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How 66440 ranks in Topeka, KS
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