Real Estate Investing in Salina, Kansas (67401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67401 (Salina, 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.
What’s happening in Salina, KS (67401)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67401 Salina
ZIP 67401 in Salina, KS carries a resilient set of headwinds. Home values near $179K and rents of $966/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 67401 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 67401's metrics run below Saline County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 67401 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 67401 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Salina:
Property Strategy for 67401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $72,328 | $790 | 7.9% | +9.0% | $72,328 |
| 2BR | $114,333 | $1,030 | 6.5% | +7.6% | $57,166 |
| 3BR | $184,108 | $1,250 | 4.9% | +6.3% | $61,369 |
| 4BR | $252,406 | $1,360 | 3.9% | +6.2% | $63,102 |
| 5BR | $341,383 | — | — | +6.1% | $68,277 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 67401 Compare?
| Metric | 67401 | Salina | Salina, KS | Kansas |
|---|---|---|---|---|
| Home Value | $178,551 | $178,551 | N/A | $237,409 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.2% |
| Avg Rent | $966 | $966 | 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 67401 (Salina, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $178,551 |
| Monthly Rent | $966 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | -17.9% ▼ |
| 3-Year CAGR | -2.6% ▼ |
| 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 67401
Population: 50,272
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 67401
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
Do rentals sit vacant long in Salina, KS?
Expect elevated vacancy in Salina, KS. Rents at $966/mo are absorbed by the tenant base without meaningful lag.
How strict are landlord regulations in Salina, KS?
Rental owners in Salina, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Salina, KS better for rentals, flips, or BRRRR?
Salina, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($179K prices, $966/mo rents) make it a reasonable choice.
What is the typical renter like in Salina, KS?
Tenant quality in Salina, KS ranks as solid. Landlords generally report even-keeled occupancy at market rents of $966/mo.
Is Salina, KS a good market for buy-and-hold investors?
Investors tracking Salina, KS will find a 3.0/5 rating supported by $179K median home values and $966/mo rents. That profile suits long-term holders targeting stable returns.
You know 67401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67401 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 67401 ranks in Salina, KS
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