Real Estate Investing in WaKeeney, Kansas (67672)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67672 (WaKeeney, 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.
- High vacancy: 14.7% 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 WaKeeney, KS (67672)?
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Market Analysis: 67672 WaKeeney
The 67672 ZIP in WaKeeney, KS is a local-operator market. Outside capital chasing a $130K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 67672 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 67672's metrics run below Trego County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 67672 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 67672 is an operator game, not a passive one. Turning to rents, entry prices of $130K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in WaKeeney:
Property Strategy for 67672
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $92,715 | $890 | 6.9% | +6.6% | $46,358 |
| 3BR | $156,164 | $1,070 | 4.9% | +7.2% | $52,055 |
| 4BR | $180,335 | $1,290 | 5.2% | +6.3% | $45,084 |
Market Trends
Home Value History (with trend line)
📊 How Does 67672 Compare?
| Metric | 67672 | WaKeeney | Kansas |
|---|---|---|---|
| Home Value | $130,058 | $130,058 | $237,409 |
| 5-Year CAGR | 5.2% | 5.2% | 7.2% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 4.8% | 4.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67672 (WaKeeney, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $130,058 |
| Monthly Rent | $801 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (4.8%). 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 67672
Population: 2,111
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 67672
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.
Frequently Asked Questions
How does WaKeeney, KS rate as a rental market?
WaKeeney, KS scores 3.0/5 for investability. Home values sit at $130K and rents near $801/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What kind of vacancy should I budget for in WaKeeney, KS?
WaKeeney, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are tenants stable in WaKeeney, KS?
WaKeeney, KS draws a reliable base of working renters. Demand at the $801/mo rent level is reasonable for standard single-family and small multi rentals.
Where do home prices stand in WaKeeney, KS?
WaKeeney, KS home values average about $130K. That price point suits investors targeting rentals with $801/mo in monthly income.
What do landlords charge for rent in WaKeeney, KS?
Expect rents around $801/mo per month in WaKeeney, KS. With home values at $130K, the yield math works out to reasonable levels for rental investors.
You know 67672 now. You don’t know where it ranks.
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