Real Estate Investing in Kismet, Kansas (67859)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67859 (Kismet, KS)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 22.0% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.4% CAGR).
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kismet, KS (67859)?
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Market Analysis: 67859 Kismet
ZIP 67859 in Kismet, KS carries a robust set of headwinds. Home values near $149K and rents of $882/mo sit inside a market where underwriting has to be tight.
The 67859 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Kismet have seen price recovery that 67859 has not matched. Seward County data supports the view that the spread is structural rather than temporary.
The demographic picture in 67859 includes headwinds that any investor should price in. Income distribution skews lower than Kismet averages, and tenant stability requires active management.
Distressed ZIPs reward experience. resilient returns are possible in 67859, 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 Kismet:
Market Trends
Home Value History (with trend line)
📊 How Does 67859 Compare?
| Metric | 67859 | Kismet | Liberal, KS | Kansas |
|---|---|---|---|---|
| Home Value | $149,063 | $149,063 | N/A | $237,409 |
| 5-Year CAGR | 0.4% | 0.4% | N/A | 7.2% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67859 (Kismet, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $149,063 |
| Monthly Rent | $882 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +0.4% ▲ |
| 10-Year CAGR | +3.3% ▲ |
🏠 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 (4.6%). 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 67859
Population: 648
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 67859
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 746 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Kismet, KS?
Median home price in Kismet, KS is near $149K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Kismet, KS a good place for real estate investing?
Yes - Kismet, KS a 3.0/5 investability score. With $149K home prices against $882/mo monthly rent, the market delivers a reasonable entry point for new investors.
Which investment style suits Kismet, KS?
Investors usually favor careful cash-flow rentals with hands-on management in Kismet, KS. With home values at $149K and rents near $882/mo, other strategies can work but produce measured rather than outsized returns.
Is KS a landlord-friendly state?
The landlord environment in Kismet, KS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Kismet, KS a good market for FHA house hackers?
Kismet, KS is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $149K price point reasonable to enter.
You know 67859 now. You don’t know where it ranks.
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How 67859 ranks in Liberal, KS
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