Is Shawnee County, KS good for real estate investing?

Shawnee County has an investment score of 67/100, rated as "Buy". The county ranks #222 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Shawnee?

The rent-to-price ratio in Shawnee County is 6.86% annually, which ranks in the 75th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Shawnee?

The median home price in Shawnee County is $198,892. This ranks #227 in affordability among all US counties.

Can you cash flow on rental properties in Shawnee?

Based on median values with 20% down at current rates, a typical rental in Shawnee County would generate negative cash flow of $304/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Shawnee County

KansasPopulation: 178,625

/100

Buy

#222 of 1,000 counties

#55 in Kansas (105 counties)

Market Snapshot

$198,892

Median Home Price

27% below national median

$1,137/mo

Median Rent

24% below national median

6.86%

Rent-to-Price Ratio

Top 25% nationally

-$304

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$198,892

Down Payment (20%)$39,778

Loan Amount$159,114

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,137

Monthly P&I-$1,043

Est. Expenses (35%)-$398

Net Cash Flow-$304/mo

4.5%

Cap Rate (all cash)

-8.0%

Cash-on-Cash Return

6.86%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

67/100

Cash Flow(30%)

69/100

Based on 6.86% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

70/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

83/100

Price-to-income ratio of 3.1x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (6.86%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$304/mo)
-Negative leverage (cap rate 4.5% < mortgage rate 6.9%)

Economic Indicators

Population

178,625

Median Income

$63,463

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.1x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentShawneeKS	67	$198,892	$1,137	6.86%	Buy
GearyKS	67	$210,309	$1,115	6.36%	Buy	View
MiamiKS	67	$363,383	Est. pending	—	Buy	View
CherokeeKS	67	$122,982	Est. pending	—	Buy	View
WyandotteKS	66	$201,014	$1,229	7.34%	Buy	View
FinneyKS	66	$231,155	Est. pending	—	Buy	View

The Bottom Line

BuyShawnee offers solid investment potential with good cash flow or appreciation prospects.

Shawnee County in Kansas scores 67/100, ranking #222 of 1,000 US counties (top 22%). The 6.86% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-304/mo

Cap Rate

4.5%

Cash-on-Cash

-8.0%

Ready to Analyze a Deal in Shawnee?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$198,892

Down Payment (20%)$39,778

Loan Amount$159,114

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,137

Monthly P&I-$1,043

Est. Expenses (35%)-$398

Net Cash Flow-$304/mo

4.5%

Cap Rate (all cash)

-8.0%

Cash-on-Cash Return

6.86%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

67/100

Cash Flow(30%)

69/100

Based on 6.86% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

70/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

83/100

Price-to-income ratio of 3.1x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentShawneeKS

$198,892

$1,137

6.86%

Buy

GearyKS

$210,309

$1,115

6.36%

Buy

View

MiamiKS

$363,383

Est. pending

—

Buy

View

CherokeeKS

$122,982

Est. pending

—

Buy

View

WyandotteKS

$201,014

$1,229

7.34%

Buy

View

FinneyKS

$231,155

Est. pending

—

Buy

View

The Bottom Line

BuyShawnee offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-304/mo

Cap Rate

4.5%

Cash-on-Cash

-8.0%