Real Estate Investing in Peck, Kansas (67120)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67120 (Peck, 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: 30.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.8 — hard to cash-flow at these prices.
• 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 Peck, KS (67120)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67120 Peck
Investors eyeing 67120 need to respect the fundamentals at play. Home values of $315K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 67120 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within KS, ZIP 67120 trails on several market indicators that neighboring Sumner County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The 67120 ZIP's population of 807 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
New investors are better served looking at Peck's stable or hybrid ZIPs before stepping into 67120. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Peck:
Market Trends
Home Value History (with trend line)
📊 How Does 67120 Compare?
| Metric | 67120 | Peck | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $315,105 | $315,105 | N/A | $237,409 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 7.2% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
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 67120 (Peck, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 67120 (Peck, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $315,105 |
| Monthly Rent | $981 |
| Price-to-Rent | 26.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (2.4%). 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 67120
Population: 807
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the best play in Peck, KS?
Peck, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($315K prices, $981/mo rents) make it a reasonable choice.
How strong is the working-renter base in Peck, KS?
The renter base in Peck, KS is reasonable for the $981/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Where do home prices stand in Peck, KS?
Peck, KS home values average about $315K. That price point suits investors targeting rentals with $981/mo in monthly income.
Is Peck, KS landlord-friendly?
KS ranks as a landlord-friendly state for landlord-tenant law. Peck generally follows the statewide framework, so landlords face reasonable operating rules.
Are rents high in Peck, KS?
Rents in Peck, KS run near $981/mo. Compared with median home prices of $315K that produces solid gross yields for typical rentals.
You know 67120 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67120 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 67120 ranks in Wichita, KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 67120 (Peck)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 67120 (Peck, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.