Real Estate Investing in Coldwater, Kansas (67029)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67029 (Coldwater, 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: 19.7% 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 Coldwater, KS (67029)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67029 Coldwater
Not every below-median market is a bargain. Coldwater's 67029 ZIP clocks in at signals that favor experienced operators who can absorb the risk $90K pricing implies.
The 67029 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 67029 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 67029 ZIP's population of 954 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategy in 67029 is an operator game, not a passive one. Put differently, entry prices of $90K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Coldwater:
Property Strategy for 67029
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $63,890 | $950 | 10.7% | +6.0% | $31,945 |
| 3BR | $94,182 | $1,240 | 9.5% | +9.5% | $31,394 |
Market Trends
Home Value History (with trend line)
📊 How Does 67029 Compare?
| Metric | 67029 | Coldwater | Kansas |
|---|---|---|---|
| Home Value | $89,699 | $89,699 | $237,409 |
| 5-Year CAGR | 6.9% | 6.9% | 7.2% |
| Avg Rent | $855 | $855 | - |
| Cap Rate | 7.4% | 7.4% | - |
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 67029 (Coldwater, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $89,699 |
| Monthly Rent | $855 |
| Price-to-Rent | 8.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.4% |
| Cap Rate | 7.4% |
| 5-Year IRR | 14.3% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +8.5% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 67029
Population: 954
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 67029
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
Are tenants stable in Coldwater, KS?
The tenant pool in Coldwater, KS is solid, supported by local employment and population fundamentals. Rents of $855/mo are well-absorbed by the market.
How strong is Coldwater, KS for real estate investors?
Our data puts Coldwater, KS at 3.0/5 for investability. Home prices of $90K and rents around $855/mo create a solid backdrop for investor activity.
What is the average home sale price in Coldwater, KS?
Coldwater, KS median home values land near $90K. That is reasonable territory for investors looking at $855/mo-per-month rentals.
Are there empty rentals in Coldwater, KS?
Coldwater, KS carries elevated vacancy risk. Expect consistent absorption at market rents of $855/mo.
Is rental property easy to operate in Coldwater, KS?
KS ranks as a landlord-friendly state for landlord-tenant law. Coldwater generally follows the statewide framework, so landlords face reasonable operating rules.
You know 67029 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67029 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.
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