Real Estate Investing in Lyndon, Kansas (66451)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66451 (Lyndon, 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: 17.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lyndon, KS (66451)?
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Market Analysis: 66451 Lyndon
The 66451 ZIP covers a section of Lyndon that demands careful diligence. Prices near $215K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 66451 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 66451 and stronger Lyndon ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 66451 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. robust returns are possible in 66451, 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 Lyndon:
Property Strategy for 66451
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $155,148 | $890 | 4.1% | +8.2% | $77,574 |
| 3BR | $216,309 | $1,160 | 3.9% | +8.8% | $72,103 |
| 4BR | $281,860 | $1,220 | 3.1% | +9.0% | $70,465 |
Market Trends
Home Value History (with trend line)
📊 How Does 66451 Compare?
| Metric | 66451 | Lyndon | Topeka, KS | Kansas |
|---|---|---|---|---|
| Home Value | $215,082 | $215,082 | N/A | $237,409 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.2% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66451 (Lyndon, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $215,082 |
| Monthly Rent | $801 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 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 (2.9%). 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 66451
Population: 1,809
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 66451
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 tight is the rental market in Lyndon, KS?
Vacancy risk in Lyndon, KS is elevated. That supports measured cash flow for typical rental holds.
How do experienced investors play Lyndon, KS?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Lyndon, KS. The numbers - $215K homes against $801/mo rents - support that play.
How much is rent in Lyndon, KS?
Rents in Lyndon, KS run near $801/mo. Compared with median home prices of $215K that produces solid gross yields for typical rentals.
Is Lyndon, KS landlord-friendly?
KS law landlord-friendly for landlords, and Lyndon inherits those rules. Investors should still review local ordinances for rental licensing.
Is housing expensive in Lyndon, KS?
Lyndon, KS median home values land near $215K. That is reasonable territory for investors looking at $801/mo-per-month rentals.
You know 66451 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66451 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 66451 ranks in Topeka, KS
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