Real Estate Investing in Riverton, Kansas (66770)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66770 (Riverton, 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.
- Elevated vacancy: 11.6% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Riverton, KS (66770)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66770 Riverton
ZIP 66770 inside Cherokee County looks affordable on the surface — median value of $177K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 66770 can be a worth a close look for hunting ground — but the discount at $177K reflects genuine risk that outside investors often underestimate.
Regionally, 66770 sits on the difficult end of the KS spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 66770 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 66770 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 Riverton:
Market Trends
Home Value History (with trend line)
📊 How Does 66770 Compare?
| Metric | 66770 | Riverton | Kansas |
|---|---|---|---|
| Home Value | $176,891 | $176,891 | $237,409 |
| 5-Year CAGR | 7.9% | 7.9% | 7.2% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 66770 (Riverton, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $176,891 |
| Monthly Rent | $810 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.6%). 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 66770
Population: 860
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 66770
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 809 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Riverton, KS?
The typical rental in Riverton, KS commands about $810/mo monthly. That rent profile stable cash flow against the $177K purchase basis.
Is rental property easy to operate in Riverton, KS?
Landlord-friendliness in Riverton, KS is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Riverton, KS a good market for buy-and-hold investors?
Our data puts Riverton, KS at 3.0/5 for investability. Home prices of $177K and rents around $810/mo create a solid backdrop for investor activity.
Which investment style suits Riverton, KS?
Investors usually favor careful cash-flow rentals with hands-on management in Riverton, KS. With home values at $177K and rents near $810/mo, other strategies can work but produce even-keeled rather than outsized returns.
Is Riverton, KS good for house hacking?
House hacking in Riverton, KS is a challenging. With home values around $177K and rents at $810/mo, owner-occupants can offset a meaningful share of PITI.
You know 66770 now. You don’t know where it ranks.
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