Real Estate Investing in Hugoton, Kansas (67951)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67951 (Hugoton, KS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 22.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hugoton, KS (67951)?
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Market Analysis: 67951 Hugoton
The 67951 ZIP covers a section of Hugoton that demands careful diligence. Prices near $168K look accessible, but the work to make a deal cash flow is real.
Rent of $819/mo on a $168K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 67951 sits below the stated 0.0% once reality is priced in.
ZIP 67951's metrics run below Stevens County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 67951 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. substantial returns are possible in 67951, 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 Hugoton:
Property Strategy for 67951
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $89,176 | $910 | 7.3% | +5.1% | $44,588 |
| 3BR | $163,824 | $1,110 | 4.9% | +5.2% | $54,608 |
| 4BR | $204,971 | $1,310 | 4.6% | +5.0% | $51,243 |
| 5BR | $243,734 | — | — | +4.6% | $48,747 |
Market Trends
Home Value History (with trend line)
📊 How Does 67951 Compare?
| Metric | 67951 | Hugoton | Kansas |
|---|---|---|---|
| Home Value | $167,534 | $167,534 | $237,409 |
| 5-Year CAGR | 5.2% | 5.2% | 7.2% |
| Avg Rent | $819 | $819 | - |
| Cap Rate | 3.8% | 3.8% | - |
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 67951 (Hugoton, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $167,534 |
| Monthly Rent | $819 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (3.8%). 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 67951
Population: 4,610
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 67951
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
Is Hugoton, KS suited for a house hack?
For house hackers, Hugoton, KS is a challenging. The $819/mo rent on a unit helps defray the mortgage on a $168K property.
What is it like being a landlord in Hugoton, KS?
KS law landlord-friendly for landlords, and Hugoton inherits those rules. Investors should still review local ordinances for rental licensing.
What is the renter demographic in Hugoton, KS?
Tenant quality in Hugoton, KS ranks as solid. Landlords generally report even-keeled occupancy at market rents of $819/mo.
Is vacancy a concern in Hugoton, KS?
Expect elevated vacancy in Hugoton, KS. Rents at $819/mo are absorbed by the tenant base without meaningful lag.
Are rents high in Hugoton, KS?
Hugoton, KS rentals go for roughly $819/mo a month. That puts gross yield in solid territory relative to $168K acquisition costs.
You know 67951 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 67951 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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