Real Estate Investing in Oberlin, Kansas (67749)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67749 (Oberlin, 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: 17.0% 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 Oberlin, KS (67749)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67749 Oberlin
In practical terms, ZIP 67749 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $111K median. It rewards specialists, not generalists.
Put differently, the numbers look inviting — $111K purchase price, 0.0% nominal cap — the work to hit that pro forma in 67749 is substantial and deserves full respect.
Statewide comparisons place 67749 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Looking more closely, 2,152 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.
Experienced landlords with local relationships tend to find 67749 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 Oberlin:
Property Strategy for 67749
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $53,784 | $880 | 11.8% | +2.5% | $26,892 |
| 3BR | $114,449 | $1,220 | 7.7% | +6.9% | $38,150 |
| 4BR | $148,405 | $1,320 | 6.4% | +8.3% | $37,101 |
Market Trends
Home Value History (with trend line)
📊 How Does 67749 Compare?
| Metric | 67749 | Oberlin | Kansas |
|---|---|---|---|
| Home Value | $111,218 | $111,218 | $237,409 |
| 5-Year CAGR | 5.6% | 5.6% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 5.6% | 5.6% | - |
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 67749 (Oberlin, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $111,218 |
| Monthly Rent | $792 |
| Price-to-Rent | 11.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (5.6%). 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 67749
Population: 2,152
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 67749
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
Where do rents currently stand in Oberlin, KS?
Rents in Oberlin, KS run near $792/mo. Compared with median home prices of $111K that produces solid gross yields for typical rentals.
What is the typical renter like in Oberlin, KS?
The tenant pool in Oberlin, KS is solid, supported by local employment and population fundamentals. Rents of $792/mo are well-absorbed by the market.
Does Oberlin, KS make sense for an investment property?
Our data puts Oberlin, KS at 3.0/5 for investability. Home prices of $111K and rents around $792/mo create a solid backdrop for investor activity.
How quickly do rentals get leased in Oberlin, KS?
Occupancy in Oberlin, KS runs consistent with elevated vacancy. Well-priced units at $792/mo lease on reasonable timelines.
What is the best play in Oberlin, KS?
Investors usually favor careful cash-flow rentals with hands-on management in Oberlin, KS. With home values at $111K and rents near $792/mo, other strategies can work but produce consistent rather than outsized returns.
You know 67749 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67749 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.
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