Real Estate Investing in Leoti, Kansas (67861)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67861 (Leoti, 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: 11.2% 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 Leoti, KS (67861)?
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Market Analysis: 67861 Leoti
ZIP 67861 in Leoti, KS carries a impressive set of headwinds. Home values near $157K and rents of $792/mo sit inside a market where underwriting has to be tight.
Rent of $792/mo on a $157K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 67861 sits below the stated 0.0% once reality is priced in.
ZIP 67861's metrics run below Wichita County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A notable renter share of 18% in 67861 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 67861 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Leoti:
Property Strategy for 67861
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $88,293 | $880 | 7.2% | +1.9% | $44,147 |
| 3BR | $165,367 | $1,220 | 5.3% | +4.2% | $55,122 |
| 4BR | $211,840 | $1,280 | 4.4% | +3.7% | $52,960 |
Market Trends
Home Value History (with trend line)
📊 How Does 67861 Compare?
| Metric | 67861 | Leoti | Kansas |
|---|---|---|---|
| Home Value | $157,447 | $157,447 | $237,409 |
| 5-Year CAGR | 5.4% | 5.4% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 3.9% | 3.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67861 (Leoti, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $157,447 |
| Monthly Rent | $792 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +15.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (3.9%). 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 67861
Population: 2,002
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 67861
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 are home prices like in Leoti, KS?
The median home value in Leoti, KS is roughly $157K. That puts it reasonable relative to the KS statewide average.
Is the tenant base reliable in Leoti, KS?
The renter base in Leoti, KS is reasonable for the $792/mo price point. Screening well and pricing to market typically yields reliable tenants.
Should investors consider Leoti, KS?
With a 3.0/5 investability score, Leoti, KS ranks as a solid market for rental property investors. Median prices of $157K and rents of $792/mo drive the underlying numbers.
What is the typical vacancy rate in Leoti, KS?
Leoti, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are landlord laws favorable in Leoti, KS?
Leoti, KS operates under KS law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
You know 67861 now. You don’t know where it ranks.
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