Real Estate Investing in Milton, Kansas (67106)
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Should you buy in 67106 (Milton, 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: 28.8% 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 Milton, KS (67106)?
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Market Analysis: 67106 Milton
Investors eyeing 67106 need to respect the fundamentals at play. Home values of $253K come alongside slower price movement and elevated management overhead.
The 67106 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader KS picture, 67106 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Put differently, 472 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 67106 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Milton:
Market Trends
Home Value History (with trend line)
📊 How Does 67106 Compare?
| Metric | 67106 | Milton | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $253,383 | $253,383 | N/A | $237,409 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.2% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67106 (Milton, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $253,383 |
| Monthly Rent | $918 |
| Price-to-Rent | 23.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.8%). 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 67106
Population: 472
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 rental rates like in Milton, KS?
Average rent in Milton, KS is approximately $918/mo per month. Against $253K home values that yields a reasonable rent-to-price ratio.
What is the average home sale price in Milton, KS?
Typical homes in Milton, KS go for around $253K. The 5-year CAGR of 0.0% consistent price movement.
Is real estate in Milton, KS a good investment right now?
Milton, KS scores 3.0/5 for investability. Home values sit at $253K and rents near $918/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the smart move for investors in Milton, KS?
In Milton, KS the notable play is typically careful cash-flow rentals with hands-on management. The combination of $253K prices and $918/mo rents suits that approach.
How strong is tenant demand in Milton, KS?
Working renters make up the core of the Milton, KS tenant base. The pool is reasonable for investors targeting long-term holds.
You know 67106 now. You don’t know where it ranks.
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How 67106 ranks in Wichita, KS
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