Real Estate Investing in Ulysses, Kansas
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Should you buy in Ulysses, KS? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.8% of homes vacant — above national norms.
What’s happening in Ulysses, KS?
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Market Trends — Ulysses, KS
Home Value History
Investing in Ulysses Real Estate
Ulysses (Kansas) spans 1 ZIPs and roughly a sizable population. clearly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.
Ulysses is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.
decisively Ulysses's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.
Distressed-leaning demographics in Ulysses — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.
Landlord Ground Truth
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ZIP Codes in Ulysses, KS
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View PlansFrequently Asked Questions About Ulysses, KS
How expensive is real estate in Ulysses, KS?
The median home value in Ulysses, KS is roughly $157K. That puts it reasonable relative to the KS statewide average.
How strong is tenant demand in Ulysses, KS?
Ulysses, KS draws a stable base of working renters. Demand at the $1,053/mo rent level is reasonable for standard single-family and small multi rentals.
Where do rents currently stand in Ulysses, KS?
Investors in Ulysses, KS typically see rents near $1,053/mo per month against $157K home values - a solid setup for rental cash flow.
Which real estate strategy fits Ulysses, KS?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Ulysses, KS. The numbers - $157K homes against $1,053/mo rents - support that play.
How do landlord-tenant laws work in Ulysses, KS?
KS ranks as a landlord-friendly state for landlord-tenant law. Ulysses generally follows the statewide framework, so landlords face reasonable operating rules.
Community Ratings
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