Real Estate Investing in Republic, Kansas (66964)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66964 (Republic, 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: 42.1% 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 Republic, KS (66964)?
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Market Analysis: 66964 Republic
From a cash-flow lens, ZIP 66964 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $147K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 66964 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 66964 sits on the difficult end of the KS spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 66964 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 66964 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Republic:
Market Trends
Home Value History (with trend line)
📊 How Does 66964 Compare?
| Metric | 66964 | Republic | Kansas |
|---|---|---|---|
| Home Value | $146,969 | $146,969 | $237,409 |
| 5-Year CAGR | 6.1% | 6.1% | 7.2% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 4.4% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66964 (Republic, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $146,969 |
| Monthly Rent | $828 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (4.4%). 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 66964
Population: 174
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
Frequently Asked Questions
How should investors approach Republic, KS?
In Republic, KS the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $147K prices and $828/mo rents suits that approach.
Are renters plentiful in Republic, KS?
Republic, KS draws a reliable base of working renters. Demand at the $828/mo rent level is reasonable for standard single-family and small multi rentals.
How much rent can I charge in Republic, KS?
Republic, KS rentals go for roughly $828/mo a month. That puts gross yield in solid territory relative to $147K acquisition costs.
Does house hacking work in Republic, KS?
House hacking works a challenging in Republic, KS. Rents of $828/mo against $147K acquisition make the strategy solid for owner-occupants.
Do landlords face vacancy issues in Republic, KS?
Rental vacancy in Republic, KS is elevated. Investors should budget normal turnover but not chronic empty units.
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