Real Estate Investing in McPherson, Kansas (67460)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67460 (McPherson, KS)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 McPherson, KS (67460)?
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Market Analysis: 67460 McPherson
Not every below-median market is a bargain. McPherson's 67460 ZIP registers signals that favor experienced operators who can absorb the risk $222K pricing implies.
For an experienced owner, 67460 can be a a viable market for hunting ground — but the discount at $222K reflects genuine risk that outside investors often underestimate.
The gap between 67460 and stronger McPherson ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 67460 includes headwinds that any investor should price in. Income distribution skews lower than McPherson averages, and tenant stability requires active management.
The 67460 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in McPherson:
Property Strategy for 67460
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,308 | $940 | 4.7% | +4.6% | $72,654 |
| 3BR | $214,728 | $1,200 | 4.0% | +4.6% | $71,576 |
| 4BR | $286,575 | $1,390 | 3.5% | +4.8% | $71,644 |
| 5BR | $352,002 | — | — | +3.4% | $70,400 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 67460 Compare?
| Metric | 67460 | McPherson | McPherson, KS | Kansas |
|---|---|---|---|---|
| Home Value | $222,351 | $222,351 | N/A | $237,409 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 7.2% |
| Avg Rent | $1,126 | $1,126 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 67460 (McPherson, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $222,351 |
| Monthly Rent | $1,126 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (4.0%). 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 67460
Population: 15,933
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 67460
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
How much does a house cost in McPherson, KS?
McPherson, KS home values average about $222K. That price point suits investors targeting rentals with $1,126/mo in monthly income.
What is the smart move for investors in McPherson, KS?
The best-fit strategy in McPherson, KS is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the typical renter like in McPherson, KS?
The tenant pool in McPherson, KS is solid, supported by local employment and population fundamentals. Rents of $1,126/mo are well-absorbed by the market.
How does McPherson, KS stack up for property investment?
McPherson, KS rates 3.0/5 for investability. With median values at $222K and rents near $1,126/mo, the market offers reasonable fundamentals for rental investors.
Does McPherson, KS favor landlords or tenants?
KS law landlord-friendly for landlords, and McPherson inherits those rules. Investors should still review local ordinances for rental licensing.
You know 67460 now. You don’t know where it ranks.
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How 67460 ranks in McPherson, KS
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