Real Estate Investing in Baxter Springs, Kansas (66713)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66713 (Baxter Springs, 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 vacancy: 14.9% 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 Baxter Springs, KS (66713)?
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Market Analysis: 66713 Baxter Springs
The 66713 ZIP covers a section of Baxter Springs that demands careful diligence. Prices near $124K look accessible, but the work to make a deal cash flow is real.
The investment case in 66713 is robust only for operators who understand what they are buying. A $124K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Baxter Springs have seen price recovery that 66713 has not matched. Cherokee County data supports the view that the spread is structural rather than temporary.
Stepping back, 5,560 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.
Strategically, 66713 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Baxter Springs:
Property Strategy for 66713
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $75,469 | $930 | 8.9% | +7.2% | $37,735 |
| 3BR | $147,827 | $1,230 | 6.0% | +8.7% | $49,276 |
| 4BR | $206,081 | $1,230 | 4.3% | +8.7% | $51,520 |
Market Trends
Home Value History (with trend line)
📊 How Does 66713 Compare?
| Metric | 66713 | Baxter Springs | Kansas |
|---|---|---|---|
| Home Value | $124,403 | $124,403 | $237,409 |
| 5-Year CAGR | 7.0% | 7.0% | 7.2% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 5.3% | 5.3% | - |
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 66713 (Baxter Springs, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $124,403 |
| Monthly Rent | $837 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (5.3%). 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 66713
Population: 5,560
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 66713
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Should investors consider Baxter Springs, KS?
The 3.0/5 investability rating in Baxter Springs, KS reflects its $124K prices and $837/mo rents. Investors generally consider it a solid option within KS.
Are homes affordable in Baxter Springs, KS?
Baxter Springs, KS home values average about $124K. That price point suits investors targeting rentals with $837/mo in monthly income.
What do landlords charge for rent in Baxter Springs, KS?
Rent in Baxter Springs, KS is around $837/mo. The resulting rent-to-value relationship with $124K pricing is reasonable for most investor models.
What type of investing works in Baxter Springs, KS?
Investors usually favor careful cash-flow rentals with hands-on management in Baxter Springs, KS. With home values at $124K and rents near $837/mo, other strategies can work but produce reliable rather than outsized returns.
How high is vacancy risk in Baxter Springs, KS?
Baxter Springs, KS carries elevated vacancy risk. Expect steady absorption at market rents of $837/mo.
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