Real Estate Investing in Argonia, Kansas (67004)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67004 (Argonia, 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.
- High vacancy: 15.6% of homes vacant — above national norms.
• 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 Argonia, KS (67004)?
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Market Analysis: 67004 Argonia
On the rental side, ZIP 67004 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $141K median. It rewards specialists, not generalists.
The investment case in 67004 is substantial only for operators who understand what they are buying. A $141K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 67004 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 67004 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 67004 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 Argonia:
Market Trends
Home Value History (with trend line)
📊 How Does 67004 Compare?
| Metric | 67004 | Argonia | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $140,732 | $140,732 | N/A | $237,409 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.2% |
| Avg Rent | $792 | $792 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67004 (Argonia, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $140,732 |
| Monthly Rent | $792 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (4.4%). 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 67004
Population: 781
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 67004
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.
Frequently Asked Questions
What is the typical rental rate in Argonia, KS?
Investors in Argonia, KS typically see rents near $792/mo per month against $141K home values - a solid setup for rental cash flow.
How quickly do rentals get leased in Argonia, KS?
Argonia, KS carries elevated vacancy risk. Expect reliable absorption at market rents of $792/mo.
What kind of market is Argonia, KS for investors?
Investors tracking Argonia, KS will find a 3.0/5 rating supported by $141K median home values and $792/mo rents. That profile suits long-term holders targeting predictable returns.
What approach is best for Argonia, KS real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Argonia, KS. The numbers - $141K homes against $792/mo rents - support that play.
What are home prices like in Argonia, KS?
The median home value in Argonia, KS is roughly $141K. That puts it reasonable relative to the KS statewide average.
You know 67004 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67004 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 67004 ranks in Wichita, KS
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