Real Estate Investing in Ellis, Kansas (67637)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67637 (Ellis, 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.
- High vacancy: 12.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ellis, KS (67637)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67637 Ellis
Put differently, ZIP 67637 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $172K median. It rewards specialists, not generalists.
The 67637 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within KS, ZIP 67637 trails on several market indicators that neighboring Ellis County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 67637 includes headwinds that any investor should price in. Income distribution skews lower than Ellis averages, and tenant stability requires active management.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Ellis:
Property Strategy for 67637
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $93,235 | $880 | 6.8% | +4.3% | $46,617 |
| 3BR | $174,096 | $1,180 | 4.9% | +5.4% | $58,032 |
| 4BR | $218,928 | $1,450 | 4.8% | +5.8% | $54,732 |
Market Trends
Home Value History (with trend line)
📊 How Does 67637 Compare?
| Metric | 67637 | Ellis | Hays, KS | Kansas |
|---|---|---|---|---|
| Home Value | $171,506 | $171,506 | N/A | $237,409 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 7.2% |
| Avg Rent | $792 | $792 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
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 67637 (Ellis, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,506 |
| Monthly Rent | $792 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (3.6%). 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 67637
Population: 2,809
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 67637
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
Investor Insight: With 847 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Ellis, KS a good market for buy-and-hold investors?
Investors tracking Ellis, KS will find a 3.0/5 rating supported by $172K median home values and $792/mo rents. That profile suits long-term holders targeting predictable returns.
What is the average home sale price in Ellis, KS?
Typical homes in Ellis, KS go for around $172K. The 5-year CAGR of 0.0% stable price movement.
What are vacancy rates like in Ellis, KS?
Vacancy in Ellis, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $792/mo.
What is the renter demographic in Ellis, KS?
Tenant quality in Ellis, KS ranks as solid. Landlords generally report even-keeled occupancy at market rents of $792/mo.
What is the typical rental rate in Ellis, KS?
The typical rental in Ellis, KS commands about $792/mo monthly. That rent profile steady cash flow against the $172K purchase basis.
You know 67637 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67637 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 67637 ranks in Hays, KS
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