Real Estate Investing in Wright, Kansas (67882)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67882 (Wright, KS)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 24.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.9 — hard to cash-flow at these prices.
- Lower household income: $31,098 median — tenant affordability is tighter.
• 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 Wright, KS (67882)?
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Market Analysis: 67882 Wright
The 67882 ZIP in Wright, KS is a local-operator market. Outside capital chasing a $260K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 67882 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader KS picture, 67882 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 67882 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 67882 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Wright:
Market Trends
Home Value History (with trend line)
📊 How Does 67882 Compare?
| Metric | 67882 | Wright | Dodge City, KS | Kansas |
|---|---|---|---|---|
| Home Value | $259,997 | $259,997 | N/A | $237,409 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.2% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67882 (Wright, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,997 |
| Monthly Rent | $837 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (2.5%). 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 67882
Population: 107
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much rent can I charge in Wright, KS?
Rents in Wright, KS run near $837/mo. Compared with median home prices of $260K that produces solid gross yields for typical rentals.
Is Wright, KS a friendly market for rental owners?
For rental operators, Wright, KS rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How much should I expect to pay for a home in Wright, KS?
Expect median prices around $260K in Wright, KS. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Can owner-occupants cash flow in Wright, KS?
Wright, KS is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $260K price point reasonable to enter.
Is Wright, KS better for rentals, flips, or BRRRR?
For Wright, KS, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 67882 now. You don’t know where it ranks.
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How 67882 ranks in Dodge City, KS
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