Real Estate Investing in Montezuma, Kansas (67867)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Gray County • Population: 1,566 • Data updated: September 2026

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Should you buy in 67867 (Montezuma, KS)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 10.9% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 28.7 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Montezuma, KS (67867)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $272,436
Avg Monthly Rent $792
1% Rule ✗ Does Not Meet
Median Income $62,176
% Renters 17.8%

Market Analysis: 67867 Montezuma

The 67867 ZIP in Montezuma, KS is a local-operator market. Outside capital chasing a $272K entry has to pair deep knowledge with the discount.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $272K asset, 67867 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 67867 and stronger Montezuma ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

A healthy renter share of 18% in 67867 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The 67867 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Montezuma:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+9.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $792/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 67867

Which property type performs best in this market?

Best for Cash Flow
2BR
4.0% cap rate
Best for Appreciation
3BR
+9.6% 5yr CAGR
Best Overall Value
4BR
$77,241/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $157,340 $880 4.0% +9.3% $78,670
3BR $241,932 $1,090 3.2% +9.6% $80,644
4BR $308,966 $1,170 2.7% +7.7% $77,241

Market Trends

Home Value History (with trend line)

$284K$252K$221K$189K$158K$126KFeb 2016May 2021Jul 2026

📊 How Does 67867 Compare?

Metric 67867 Montezuma Kansas
Home Value $272,436 $272,436 $237,409
5-Year CAGR 8.2% 8.2% 7.2%
Avg Rent $792 $792 -
Cap Rate 2.3% 2.3% -
💡 Why Invest in 67867? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 67867 (Montezuma, KS). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.3%
Low
5yr Growth
+8.2%
Strong

📊 Market Snapshot

Home Value $272,436
Monthly Rent $792
Price-to-Rent 28.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.3%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year +9.5% ▲
3-Year CAGR +7.9% ▲
5-Year CAGR +8.2% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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.

Vacancy
10.9%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.2%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 67867

Population: 1,566

💰 Median Household Income
$62,176
This area
$62,176
State
$67,472
USA
$74,580
🏠 Renter Occupied
17.8%
This area
17.8%
State
22.4%
USA
34.0%
💼 Unemployment Rate
1.5%
This area
1.5%
State
-2.1%
USA
3.7%
🎓 College Educated
14.8%
This area
14.8%
State
17.3%
USA
33.7%
👤 Median Age
41.6 years
This area
41.6 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
10.9%
This area
10.9%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 95.2%
Other/Mixed 4.9%
Hispanic/Latino 4.4%
👶 Under 18
23.2%
This area
23.2%
USA
22.0%
👴 65 and Over
19.9%
This area
19.9%
USA
17.3%
📊 Poverty Rate
3.7%
This area
3.7%
USA
11.5%

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 67867

A Avg School Grade
2 Schools
8.4:1 Avg Class Size
$17,445 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Montezuma Elem

📚 Pre-K – 05 Elementary
👥
86 Students
👨‍🏫
10.0:1 Class Size
💰
$17,445 Per Student
A Very Good

South Gray High

📚 09 – 12 High School
👥
61 Students
👨‍🏫
6.8:1 Class Size
💰
$17,445 Per Student
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

Should investors consider Montezuma, KS?

With a 3.0/5 investability score, Montezuma, KS ranks as a solid market for rental property investors. Median prices of $272K and rents of $792/mo drive the underlying numbers.

How deep is the rental pool in Montezuma, KS?

Expect a solid tenant pool in Montezuma, KS. The rental market absorbs $792/mo rents without meaningful friction.

How strong are rents in Montezuma, KS?

Investors in Montezuma, KS typically see rents near $792/mo per month against $272K home values - a solid setup for rental cash flow.

What real estate strategy is ideal for Montezuma, KS?

Montezuma, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($272K prices, $792/mo rents) make it a reasonable choice.

How tight is the rental market in Montezuma, KS?

Montezuma, KS carries elevated vacancy risk. Expect measured absorption at market rents of $792/mo.

You know 67867 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 67867 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.

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