Real Estate Investing in Ashland, Kansas (67831)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67831 (Ashland, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 23.3% of homes vacant — above national norms.
- 1-year downturn: Values declined 3.2% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ashland, KS (67831)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67831 Ashland
In Ashland's 67831 ZIP, the arithmetic favors hands-on owners. Median home values reports $67K, leaving spread for capex-heavy BRRRR or reposition strategies.
Value-add is the defining thesis in 67831. Homes trade near $67K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
Across KS, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 67831 shows both traits clearly.
Residents in 67831 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
Value-add plays pencil in 67831 when three things line up: a sub-median purchase, a realistic rehab budget, and a post-rehab rent comp that stands up. All three are present in this ZIP.
Here's what matters if you're considering buying a home in Ashland:
Market Trends
Home Value History (with trend line)
📊 How Does 67831 Compare?
| Metric | 67831 | Ashland | Kansas |
|---|---|---|---|
| Home Value | $66,672 | $66,672 | $237,409 |
| 5-Year CAGR | 3.4% | 3.4% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 9.3% | 9.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67831 (Ashland, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $66,672 |
| Monthly Rent | $792 |
| Price-to-Rent | 7.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.3% |
| Cap Rate | 9.3% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 67831
Population: 1,048
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 67831
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
What is the typical rental rate in Ashland, KS?
Investors in Ashland, KS typically see rents near $792/mo per month against $67K home values - a solid setup for rental cash flow.
Can I live-in-and-rent in Ashland, KS?
House hacking in Ashland, KS is an attractive. With home values around $67K and rents at $792/mo, owner-occupants can offset a meaningful share of PITI.
Does Ashland, KS make sense for an investment property?
With a 5.0/5 investability score, Ashland, KS ranks as a solid market for rental property investors. Median prices of $67K and rents of $792/mo drive the underlying numbers.
Does BRRRR pencil out in Ashland, KS?
Operators BRRRR-ing in Ashland, KS report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.
Does rental property in Ashland, KS pass the 1% rule?
Ashland, KS delivers a 1.19% rent-to-price ratio on average. Investors targeting the 1% rule will find solid opportunities.
You know 67831 now. You don’t know where it ranks.
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