Real Estate Investing in Yates Center, Kansas (66783)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66783 (Yates Center, 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: 25.7% 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 Yates Center, KS (66783)?
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Market Analysis: 66783 Yates Center
This part of Woodson County is not an easy win. The 66783 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 66783 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, 66783 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
On balance, 2,117 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.
The right play in 66783 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Yates Center:
Property Strategy for 66783
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $70,313 | $880 | 9.0% | +7.9% | $35,156 |
| 3BR | $137,969 | $1,190 | 6.2% | +8.1% | $45,990 |
Market Trends
Home Value History (with trend line)
📊 How Does 66783 Compare?
| Metric | 66783 | Yates Center | Kansas |
|---|---|---|---|
| Home Value | $121,389 | $121,389 | $237,409 |
| 5-Year CAGR | 6.5% | 6.5% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 5.1% | 5.1% | - |
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 66783 (Yates Center, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $121,389 |
| Monthly Rent | $792 |
| Price-to-Rent | 12.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +12.8% ▲ |
| 3-Year CAGR | +10.8% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (5.1%). 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 66783
Population: 2,117
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 66783
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
Should investors consider Yates Center, KS?
Our data puts Yates Center, KS at 3.0/5 for investability. Home prices of $121K and rents around $792/mo create a solid backdrop for investor activity.
Are rents high in Yates Center, KS?
The typical rental in Yates Center, KS commands about $792/mo monthly. That rent profile reliable cash flow against the $121K purchase basis.
Is Yates Center, KS landlord-friendly?
Yates Center, KS operates under KS law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
What is the best play in Yates Center, KS?
Investors usually favor careful cash-flow rentals with hands-on management in Yates Center, KS. With home values at $121K and rents near $792/mo, other strategies can work but produce steady rather than outsized returns.
How high is vacancy risk in Yates Center, KS?
Yates Center, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 66783 now. You don’t know where it ranks.
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