Real Estate Investing in Leon, Kansas (67074)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67074 (Leon, KS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 22.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Leon, KS (67074)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67074 Leon
The 67074 ZIP covers a section of Leon that demands careful diligence. Prices near $213K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $213K asset, 67074 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 67074 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 67074 ZIP's population of 1,309 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Distressed ZIPs reward experience. durable returns are possible in 67074, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Leon:
Property Strategy for 67074
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $147,842 | $960 | 4.7% | +5.6% | $73,921 |
| 3BR | $227,438 | $1,260 | 4.0% | +7.7% | $75,813 |
Market Trends
Home Value History (with trend line)
📊 How Does 67074 Compare?
| Metric | 67074 | Leon | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $212,871 | $212,871 | N/A | $237,409 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.2% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 67074 (Leon, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 67074 (Leon, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $212,871 |
| Monthly Rent | $864 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +12.2% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (3.2%). 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 67074
Population: 1,309
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 67074
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 6,303 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Leon, KS?
Rent in Leon, KS is around $864/mo. The resulting rent-to-value relationship with $213K pricing is reasonable for most investor models.
Are tenants stable in Leon, KS?
Leon, KS draws a even-keeled base of working renters. Demand at the $864/mo rent level is reasonable for standard single-family and small multi rentals.
What is the smart move for investors in Leon, KS?
In Leon, KS the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $213K prices and $864/mo rents suits that approach.
Can I live-in-and-rent in Leon, KS?
The house hack math a challenging in Leon, KS. Owner-occupant buyers benefit from the $864/mo rents and $213K home values.
How strong is Leon, KS for real estate investors?
Leon, KS rates 3.0/5 for investability. With median values at $213K and rents near $864/mo, the market offers reasonable fundamentals for rental investors.
You know 67074 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67074 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 67074 ranks in Wichita, KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 67074 (Leon)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 67074 (Leon, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.