Real Estate Investing in Scammon, Kansas (66773)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66773 (Scammon, KS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 39.9% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Scammon, KS (66773)?
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Market Analysis: 66773 Scammon
Not every below-median market is a bargain. Scammon's 66773 ZIP posts signals that favor experienced operators who can absorb the risk $90K pricing implies.
The 66773 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader KS picture, 66773 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A notable renter share of 20% in 66773 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 66773 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 Scammon:
Property Strategy for 66773
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $60,228 | $880 | 10.5% | +4.6% | $30,114 |
| 3BR | $136,796 | $1,160 | 6.1% | +7.4% | $45,599 |
Market Trends
Home Value History (with trend line)
📊 How Does 66773 Compare?
| Metric | 66773 | Scammon | Kansas |
|---|---|---|---|
| Home Value | $90,171 | $90,171 | $237,409 |
| 5-Year CAGR | 3.8% | 3.8% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 6.9% | 6.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66773 (Scammon, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $90,171 |
| Monthly Rent | $792 |
| Price-to-Rent | 9.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.5% |
| Cap Rate | 6.9% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 66773
Population: 654
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Do rentals sit vacant long in Scammon, KS?
Scammon, KS sees elevated vacancy, which is reasonable relative to the broader KS rental market.
Is rental property easy to operate in Scammon, KS?
Scammon, KS falls under KS landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What are rental rates like in Scammon, KS?
Expect rents around $792/mo per month in Scammon, KS. With home values at $90K, the yield math works out to reasonable levels for rental investors.
What investment strategy works best in Scammon, KS?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Scammon, KS. The numbers - $90K homes against $792/mo rents - support that play.
How strong is Scammon, KS for real estate investors?
Yes - Scammon, KS a 3.0/5 investability score. With $90K home prices against $792/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 66773 now. You don’t know where it ranks.
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