Real Estate Investing in Jewell, Kansas (66949)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66949 (Jewell, 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: 14.5% 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 Jewell, KS (66949)?
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Market Analysis: 66949 Jewell
ZIP 66949 inside Jewell County looks affordable on the surface — median value of $95K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 66949 is robust only for operators who understand what they are buying. A $95K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Looking more closely, 66949 offers a low basis, the region around Jewell has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 66949 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
looks to 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 Jewell:
Market Trends
Home Value History (with trend line)
📊 How Does 66949 Compare?
| Metric | 66949 | Jewell | Kansas |
|---|---|---|---|
| Home Value | $95,039 | $95,039 | $237,409 |
| 5-Year CAGR | 4.0% | 4.0% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 6.5% | 6.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66949 (Jewell, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $95,039 |
| Monthly Rent | $792 |
| Price-to-Rent | 10.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.0% |
| Cap Rate | 6.5% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +17.1% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (6.5%). 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 66949
Population: 521
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
Are homes affordable in Jewell, KS?
Homes in Jewell, KS typically sell near $95K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
How much do tenants pay in Jewell, KS?
Average rent in Jewell, KS is approximately $792/mo per month. Against $95K home values that yields a reasonable rent-to-price ratio.
What is the renter demographic in Jewell, KS?
The tenant pool in Jewell, KS is solid, supported by local employment and population fundamentals. Rents of $792/mo are well-absorbed by the market.
Does a duplex house hack pencil in Jewell, KS?
Jewell, KS offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $792/mo rent level.
How landlord-friendly is Jewell, KS?
For rental operators, Jewell, KS rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
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