Real Estate Investing in El Dorado, Kansas (67042)
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Should you buy in 67042 (El Dorado, 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: 12.6% of homes vacant — above national norms.
What’s happening in El Dorado, KS (67042)?
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Market Analysis: 67042 El Dorado
The 67042 ZIP covers a section of El Dorado that demands careful diligence. Prices near $175K look accessible, but the work to make a deal cash flow is real.
The investment case in 67042 is notable only for operators who understand what they are buying. A $175K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 67042 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 67042 includes headwinds that any investor should price in. Income distribution skews lower than El Dorado averages, and tenant stability requires active management.
Distressed ZIPs reward experience. healthy returns are possible in 67042, 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 El Dorado:
Property Strategy for 67042
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $79,290 | $770 | 7.0% | +4.5% | $79,290 |
| 2BR | $109,469 | $1,000 | 6.6% | +6.7% | $54,734 |
| 3BR | $177,283 | $1,310 | 5.3% | +6.8% | $59,094 |
| 4BR | $258,152 | $1,620 | 4.5% | +6.8% | $64,538 |
| 5BR | $301,601 | — | — | +6.8% | $60,320 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 67042 Compare?
| Metric | 67042 | El Dorado | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $175,231 | $175,231 | N/A | $237,409 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 7.2% |
| Avg Rent | $949 | $949 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
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 67042 (El Dorado, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $175,231 |
| Monthly Rent | $949 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (4.2%). 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 67042
Population: 17,486
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 67042
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 type of investing works in El Dorado, KS?
A careful cash-flow rentals with hands-on management strategy El Dorado, KS best. The market produces steady results for that approach at the $175K price point.
What monthly rent should investors expect in El Dorado, KS?
Rental rates in El Dorado, KS average $949/mo. Tenant demand and $175K home values make the yield look reasonable by investor standards.
How qualified is the tenant pool in El Dorado, KS?
Expect a solid tenant pool in El Dorado, KS. The rental market absorbs $949/mo rents without meaningful friction.
Is El Dorado, KS landlord-friendly?
KS law landlord-friendly for landlords, and El Dorado inherits those rules. Investors should still review local ordinances for rental licensing.
What are home prices like in El Dorado, KS?
Median home price in El Dorado, KS is near $175K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
You know 67042 now. You don’t know where it ranks.
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How 67042 ranks in Wichita, KS
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