Real Estate Investing in Saint Marys, Kansas (66536)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66536 (Saint Marys, 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 price-to-rent: Price-to-rent ratio 29.8 — 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 Saint Marys, KS (66536)?
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Market Analysis: 66536 Saint Marys
The 66536 ZIP in Saint Marys, KS is a local-operator market. Outside capital chasing a $290K entry has to pair deep knowledge with the discount.
Rent of $810/mo on a $290K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 66536 sits below the stated 0.0% once reality is priced in.
In the broader KS picture, 66536 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A robust renter share of 27% in 66536 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 66536 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 Saint Marys:
Property Strategy for 66536
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $180,681 | $900 | 3.6% | +7.2% | $90,341 |
| 3BR | $262,717 | $1,240 | 3.4% | +6.7% | $87,572 |
| 4BR | $310,544 | $1,510 | 3.5% | +7.2% | $77,636 |
| 5BR | $388,867 | — | — | +7.1% | $77,773 |
Market Trends
Home Value History (with trend line)
📊 How Does 66536 Compare?
| Metric | 66536 | Saint Marys | Manhattan, KS | Kansas |
|---|---|---|---|---|
| Home Value | $290,063 | $290,063 | N/A | $237,409 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.2% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 66536 (Saint Marys, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $290,063 |
| Monthly Rent | $810 |
| Price-to-Rent | 29.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.2%). 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 66536
Population: 4,103
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 66536
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
Is housing expensive in Saint Marys, KS?
Saint Marys, KS median home values land near $290K. That is reasonable territory for investors looking at $810/mo-per-month rentals.
Are there empty rentals in Saint Marys, KS?
Vacancy in Saint Marys, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $810/mo.
Is it easy to find good tenants in Saint Marys, KS?
Tenant demand in Saint Marys, KS is solid. The local workforce $810/mo rents across most rental classes.
Does a duplex house hack pencil in Saint Marys, KS?
For house hackers, Saint Marys, KS is a challenging. The $810/mo rent on a unit helps defray the mortgage on a $290K property.
Should investors consider Saint Marys, KS?
With a 3.0/5 investability score, Saint Marys, KS ranks as a solid market for rental property investors. Median prices of $290K and rents of $810/mo drive the underlying numbers.
You know 66536 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66536 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 66536 ranks in Manhattan, KS
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