Real Estate Investing in Scandia, Kansas (66966)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66966 (Scandia, 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: 20.5% 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 Scandia, KS (66966)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66966 Scandia
ZIP 66966 in Scandia, KS carries a durable set of headwinds. Home values near $122K and rents of $792/mo sit inside a market where underwriting has to be tight.
The 66966 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 66966 and stronger Scandia ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
From a cash-flow lens, 620 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.
Strategically, 66966 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Scandia:
Market Trends
Home Value History (with trend line)
📊 How Does 66966 Compare?
| Metric | 66966 | Scandia | Kansas |
|---|---|---|---|
| Home Value | $122,137 | $122,137 | $237,409 |
| 5-Year CAGR | 5.7% | 5.7% | 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 66966 (Scandia, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 66966 (Scandia, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $122,137 |
| Monthly Rent | $792 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (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 66966
Population: 620
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 66966
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
Does house hacking work in Scandia, KS?
For house hackers, Scandia, KS is a challenging. The $792/mo rent on a unit helps defray the mortgage on a $122K property.
Are there empty rentals in Scandia, KS?
Scandia, KS carries elevated vacancy risk. Expect measured absorption at market rents of $792/mo.
Is the tenant base reliable in Scandia, KS?
Tenant quality in Scandia, KS ranks as solid. Landlords generally report predictable occupancy at market rents of $792/mo.
What is the average monthly rent in Scandia, KS?
Investors in Scandia, KS typically see rents near $792/mo per month against $122K home values - a solid setup for rental cash flow.
Is rental property easy to operate in Scandia, KS?
KS ranks as a landlord-friendly state for landlord-tenant law. Scandia generally follows the statewide framework, so landlords face reasonable operating rules.
You know 66966 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66966 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.
AI Market Advisor
Ask questions about investing in 66966 (Scandia)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 66966 (Scandia, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.