Real Estate Investing in Spearville, Kansas (67876)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67876 (Spearville, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Spearville, KS (67876)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67876 Spearville
The 67876 ZIP covers a section of Spearville that demands careful diligence. Prices near $228K look accessible, but the work to make a deal cash flow is real.
On the rental side, the numbers look inviting — $228K purchase price, 0.0% nominal cap — the work to hit that pro forma in 67876 is substantial and deserves full respect.
Nearby ZIPs in Spearville have seen price recovery that 67876 has not matched. Ford County data supports the view that the spread is structural rather than temporary.
Who lives in 67876 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. sturdy returns are possible in 67876, 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 Spearville:
Property Strategy for 67876
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $168,637 | $880 | 3.8% | +8.7% | $84,318 |
| 3BR | $255,108 | $1,150 | 3.2% | +9.1% | $85,036 |
Market Trends
Home Value History (with trend line)
📊 How Does 67876 Compare?
| Metric | 67876 | Spearville | Dodge City, KS | Kansas |
|---|---|---|---|---|
| Home Value | $227,629 | $227,629 | N/A | $237,409 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.2% |
| Avg Rent | $792 | $792 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67876 (Spearville, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 67876 (Spearville, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $227,629 |
| Monthly Rent | $792 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.7%). 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 67876
Population: 1,588
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 67876
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
Should investors worry about vacancy in Spearville, KS?
Spearville, KS sees elevated vacancy, which is reasonable relative to the broader KS rental market.
What is the average monthly rent in Spearville, KS?
Rent in Spearville, KS is around $792/mo. The resulting rent-to-value relationship with $228K pricing is reasonable for most investor models.
What is the typical home price in Spearville, KS?
In Spearville, KS the median home value sits at $228K. Against the broader KS market, that reads as reasonable for most investors.
How strict are landlord regulations in Spearville, KS?
Rental owners in Spearville, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What kind of market is Spearville, KS for investors?
Our data puts Spearville, KS at 3.0/5 for investability. Home prices of $228K and rents around $792/mo create a solid backdrop for investor activity.
You know 67876 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67876 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.
How 67876 ranks in Dodge City, KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 67876 (Spearville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 67876 (Spearville, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.