Is Neodesha, KS a good place to invest in rental property?

Neodesha, KS has a median modeled monthly cash flow of $230 and a median cap rate of 10.7%, on a median sold price of $122,750. Prices changed +17.3% year over year.

What is the average cap rate in Neodesha, KS?

The median cap rate across recently sold homes in Neodesha, KS is 10.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Neodesha, KS?

The median sold price in Neodesha, KS is $122,750 (about $88 per square foot).

Investing in Neodesha, KS Real Estate

#138 cash-flow market in the U.S.

A data-driven snapshot of the Neodesha, KS rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$122,750Median sold price

$88Median $/sqft

10.7%Median cap rate

$230Modeled cash flow / mo

+17.3%Appreciation YoY

6.0Months of supply

19Active listings

38Sold (last 12 mo)

What the Neodesha numbers say

In Neodesha, KS, the median home sold for $122,750 (about $88 per square foot), and the typical deal models out to a 10.7% cap rate with a median $230 of monthly cash flow. Sold prices moved +17.3% over the past year. Inventory sits at about 6.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kansas markets to compare

See Neodesha cash-flowing listings

CashFlowRE ranks every for-sale home in Neodesha, KS by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Neodesha deals, or browse the national market data.