Is Shawnee County, KS good for real estate investing?

Shawnee County has an investment score of 63/100, rated as "Buy". The county ranks #254 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Shawnee County is 7.11% annually, which ranks in the 79th 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 $193,504. This ranks #333 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 $269/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Shawnee County

KansasPopulation: 178,625

/100

Buy

#254 of 1,000 counties

#66 in Kansas (105 counties)

Market Snapshot

$193,504

Median Home Price

17% below national median

$1,146/mo

Median Rent

24% below national median

7.11%

Rent-to-Price Ratio

Top 21% nationally

-$269

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$193,504

Down Payment (20%)$38,701

Loan Amount$154,803

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,146

Monthly P&I-$1,014

Est. Expenses (35%)-$401

Net Cash Flow-$269/mo

4.6%

Cap Rate (all cash)

-7.3%

Cash-on-Cash Return

7.11%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% 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

63/100

Cash Flow(30%)

71/100

Based on 7.11% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

50/100

Based on -0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

84/100

Price-to-income ratio of 3.0x. 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 (7.11%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-0.1% YoY)
-Negative cash flow at typical financing (-$269/mo)
-Negative leverage (cap rate 4.6% < mortgage rate 6.9%)

Economic Indicators

Population

178,625

Median Income

$63,463

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
RileyKS	65	$261,211	$1,339	6.15%	Buy	View
JewellKS	65	$107,843	Est. pending	—	Buy	View
RushKS	64	$85,174	Est. pending	—	Buy	View
CurrentShawneeKS	63	$193,504	$1,146	7.11%	Buy
FinneyKS	63	$229,353	Est. pending	—	Buy	View
DouglasKS	62	$321,973	$1,622	6.04%	Buy	View

The Bottom Line

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

Shawnee County in Kansas scores 63/100, ranking #254 of 1,000 US counties (top 34%). The 7.11% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-269/mo

Cap Rate

4.6%

Cash-on-Cash

-7.3%

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$193,504

Down Payment (20%)$38,701

Loan Amount$154,803

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,146

Monthly P&I-$1,014

Est. Expenses (35%)-$401

Net Cash Flow-$269/mo

4.6%

Cap Rate (all cash)

-7.3%

Cash-on-Cash Return

7.11%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% 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

63/100

Cash Flow(30%)

71/100

Based on 7.11% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

50/100

Based on -0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

84/100

Price-to-income ratio of 3.0x. Lower ratios indicate more affordable markets.

County

Verdict

RileyKS

$261,211

$1,339

6.15%

Buy

View

JewellKS

$107,843

Est. pending

—

Buy

View

RushKS

$85,174

Est. pending

—

Buy

View

CurrentShawneeKS

$193,504

$1,146

7.11%

Buy

FinneyKS

$229,353

Est. pending

—

Buy

View

DouglasKS

$321,973

$1,622

6.04%

Buy

View

The Bottom Line

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

Shawnee County in Kansas scores 63/100, ranking #254 of 1,000 US counties (top 34%). The 7.11% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-269/mo

Cap Rate

4.6%

Cash-on-Cash

-7.3%