Real Estate Investing in Sabetha, Kansas (66534)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66534 (Sabetha, 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: 12.1% 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 Sabetha, KS (66534)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66534 Sabetha
This part of Nemaha County is not an easy win. The 66534 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 66534 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 66534 and stronger Sabetha ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 66534 ZIP's population of 3,720 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
New investors are better served looking at Sabetha's stable or hybrid ZIPs before stepping into 66534. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Sabetha:
Property Strategy for 66534
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,937 | $880 | 5.4% | +9.1% | $58,968 |
| 3BR | $212,712 | $1,130 | 3.8% | +7.2% | $70,904 |
| 4BR | $261,062 | $1,460 | 4.0% | +7.4% | $65,265 |
Market Trends
Home Value History (with trend line)
📊 How Does 66534 Compare?
| Metric | 66534 | Sabetha | Kansas |
|---|---|---|---|
| Home Value | $219,444 | $219,444 | $237,409 |
| 5-Year CAGR | 7.5% | 7.5% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 2.8% | 2.8% | - |
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 66534 (Sabetha, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $219,444 |
| Monthly Rent | $792 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +12.7% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.8%). 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 66534
Population: 3,720
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 66534
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 high is vacancy risk in Sabetha, KS?
Vacancy risk in Sabetha, KS is elevated. That supports reliable cash flow for typical rental holds.
How landlord-friendly is Sabetha, KS?
Landlord-friendliness in Sabetha, KS is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is real estate in Sabetha, KS a good investment right now?
Sabetha, KS rates 3.0/5 for investability. With median values at $219K and rents near $792/mo, the market offers reasonable fundamentals for rental investors.
Are tenants stable in Sabetha, KS?
Working renters make up the core of the Sabetha, KS tenant base. The pool is reasonable for investors targeting long-term holds.
Where do rents currently stand in Sabetha, KS?
Investors in Sabetha, KS typically see rents near $792/mo per month against $219K home values - a solid setup for rental cash flow.
You know 66534 now. You don’t know where it ranks.
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