Real Estate Investing in Girard, Kansas (66743)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66743 (Girard, 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: 15.5% 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 Girard, KS (66743)?
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Market Analysis: 66743 Girard
The 66743 ZIP in Girard, KS is a local-operator market. Outside capital chasing a $155K entry has to pair deep knowledge with the discount.
For an experienced owner, 66743 can be a a solid fit for hunting ground — but the discount at $155K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 66743 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 66743 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Girard:
Property Strategy for 66743
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $79,561 | $890 | 8.1% | +7.0% | $39,780 |
| 3BR | $168,437 | $1,240 | 5.3% | +8.8% | $56,146 |
| 4BR | $252,661 | $1,490 | 4.2% | +8.7% | $63,165 |
Market Trends
Home Value History (with trend line)
📊 How Does 66743 Compare?
| Metric | 66743 | Girard | Pittsburg, KS | Kansas |
|---|---|---|---|---|
| Home Value | $154,727 | $154,727 | N/A | $237,409 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.2% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 66743 (Girard, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,727 |
| Monthly Rent | $801 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (4.0%). 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 66743
Population: 4,384
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 66743
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
Is Girard, KS a good market for buy-and-hold investors?
Girard, KS scores 3.0/5 for investability. Home values sit at $155K and rents near $801/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is vacancy a concern in Girard, KS?
Occupancy in Girard, KS runs measured with elevated vacancy. Well-priced units at $801/mo lease on reasonable timelines.
What do landlords charge for rent in Girard, KS?
Investors in Girard, KS typically see rents near $801/mo per month against $155K home values - a solid setup for rental cash flow.
Does house hacking work in Girard, KS?
The a challenging house-hack environment in Girard, KS reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are eviction rules reasonable in Girard, KS?
Rental owners in Girard, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 66743 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66743 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 66743 ranks in Pittsburg, KS
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Community Ratings
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