Real Estate Investing in Solomon, Kansas (67480)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67480 (Solomon, 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.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Solomon, KS (67480)?
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Market Analysis: 67480 Solomon
The 67480 ZIP covers a section of Solomon that demands careful diligence. Prices near $187K look accessible, but the work to make a deal cash flow is real.
Rent of $1,026/mo on a $187K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 67480 sits below the stated 0.0% once reality is priced in.
Within KS, ZIP 67480 trails on several market indicators that neighboring Dickinson County submarkets outperform. The gap is real and impressive enough to shape underwriting.
The 67480 ZIP's population of 1,535 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Distressed ZIPs reward experience. solid returns are possible in 67480, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Solomon:
Property Strategy for 67480
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $133,023 | $1,140 | 6.2% | +6.9% | $66,512 |
| 3BR | $188,612 | $1,480 | 5.6% | +6.9% | $62,871 |
| 4BR | $216,400 | $1,540 | 5.1% | +6.9% | $54,100 |
Market Trends
Home Value History (with trend line)
📊 How Does 67480 Compare?
| Metric | 67480 | Solomon | Salina, KS | Kansas |
|---|---|---|---|---|
| Home Value | $187,254 | $187,254 | N/A | $237,409 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 7.2% |
| Avg Rent | $1,026 | $1,026 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67480 (Solomon, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $187,254 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 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 (4.3%). 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 67480
Population: 1,535
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 67480
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 quickly do rentals get leased in Solomon, KS?
Solomon, KS carries elevated vacancy risk. Expect stable absorption at market rents of $1,026/mo.
Are landlord laws favorable in Solomon, KS?
Rental owners in Solomon, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is housing expensive in Solomon, KS?
Solomon, KS home values average about $187K. That price point suits investors targeting rentals with $1,026/mo in monthly income.
Does a duplex house hack pencil in Solomon, KS?
The a challenging house-hack environment in Solomon, KS reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the typical renter like in Solomon, KS?
Tenant quality in Solomon, KS ranks as solid. Landlords generally report reliable occupancy at market rents of $1,026/mo.
You know 67480 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67480 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 67480 ranks in Salina, KS
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