Real Estate Investing in Fall River, Kansas (67047)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67047 (Fall River, 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: 58.3% 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 Fall River, KS (67047)?
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Market Analysis: 67047 Fall River
ZIP 67047 in Fall River, KS carries a substantial set of headwinds. Home values near $102K and rents of $801/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 67047 can be a a strong candidate for hunting ground — but the discount at $102K reflects genuine risk that outside investors often underestimate.
Within KS, ZIP 67047 trails on several market indicators that neighboring Greenwood County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Resident income in 67047 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. substantial returns are possible in 67047, 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 Fall River:
Property Strategy for 67047
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $101,099 | $890 | 6.3% | +5.4% | $50,550 |
| 3BR | $144,894 | $1,110 | 5.5% | +7.2% | $48,298 |
Market Trends
Home Value History (with trend line)
📊 How Does 67047 Compare?
| Metric | 67047 | Fall River | Kansas |
|---|---|---|---|
| Home Value | $101,719 | $101,719 | $237,409 |
| 5-Year CAGR | 5.6% | 5.6% | 7.2% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 6.1% | 6.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67047 (Fall River, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $101,719 |
| Monthly Rent | $801 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.1% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +15.4% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (6.1%). 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 67047
Population: 513
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
Frequently Asked Questions
What are vacancy rates like in Fall River, KS?
Expect elevated vacancy in Fall River, KS. Rents at $801/mo are absorbed by the tenant base without meaningful lag.
Which investment style suits Fall River, KS?
Fall River, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($102K prices, $801/mo rents) make it a reasonable choice.
What are rental rates like in Fall River, KS?
Rent in Fall River, KS is around $801/mo. The resulting rent-to-value relationship with $102K pricing is reasonable for most investor models.
How strong is the working-renter base in Fall River, KS?
Fall River, KS draws a steady base of working renters. Demand at the $801/mo rent level is reasonable for standard single-family and small multi rentals.
What kind of market is Fall River, KS for investors?
The 3.0/5 investability rating in Fall River, KS reflects its $102K prices and $801/mo rents. Investors generally consider it a solid option within KS.
You know 67047 now. You don’t know where it ranks.
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