Real Estate Investing in Whitewater, Kansas (67154)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67154 (Whitewater, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Whitewater, KS (67154)?
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Market Analysis: 67154 Whitewater
This part of Butler County is not an easy win. The 67154 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Looking more closely, the numbers look inviting — $249K purchase price, 0.0% nominal cap — the work to hit that pro forma in 67154 is substantial and deserves full respect.
In practical terms, 67154 offers a low basis, the region around Whitewater has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 67154 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Whitewater's stable or hybrid ZIPs before stepping into 67154. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Whitewater:
Property Strategy for 67154
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,123 | $1,090 | 5.4% | +7.0% | $72,562 |
| 3BR | $237,391 | $1,430 | 4.3% | +7.5% | $79,130 |
| 4BR | $300,152 | $1,770 | 4.2% | +6.9% | $75,038 |
Market Trends
Home Value History (with trend line)
📊 How Does 67154 Compare?
| Metric | 67154 | Whitewater | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $248,934 | $248,934 | N/A | $237,409 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.2% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67154 (Whitewater, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $248,934 |
| Monthly Rent | $981 |
| Price-to-Rent | 21.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.1%). 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 67154
Population: 1,561
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 67154
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
Frequently Asked Questions
What are rental rates like in Whitewater, KS?
Rental rates in Whitewater, KS average $981/mo. Tenant demand and $249K home values make the yield look reasonable by investor standards.
Where do home prices stand in Whitewater, KS?
Whitewater, KS median home values land near $249K. That is reasonable territory for investors looking at $981/mo-per-month rentals.
What type of investing works in Whitewater, KS?
A careful cash-flow rentals with hands-on management strategy Whitewater, KS best. The market produces even-keeled results for that approach at the $249K price point.
How tight is the rental market in Whitewater, KS?
Whitewater, KS carries elevated vacancy risk. Expect even-keeled absorption at market rents of $981/mo.
Is Whitewater, KS suited for a house hack?
For house hackers, Whitewater, KS is a challenging. The $981/mo rent on a unit helps defray the mortgage on a $249K property.
You know 67154 now. You don’t know where it ranks.
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How 67154 ranks in Wichita, KS
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