Real Estate Investing in Norcatur, Kansas (67653)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67653 (Norcatur, 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.
- High vacancy: 17.4% of homes vacant — above national norms.
• 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 Norcatur, KS (67653)?
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Market Analysis: 67653 Norcatur
The 67653 ZIP in Norcatur, KS is a local-operator market. Outside capital chasing a $92K entry has to pair deep knowledge with the discount.
For an experienced owner, 67653 can be a a solid fit for hunting ground — but the discount at $92K reflects genuine risk that outside investors often underestimate.
ZIP 67653's metrics run below Decatur County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 67653 includes headwinds that any investor should price in. Income distribution skews lower than Norcatur averages, and tenant stability requires active management.
Strategy in 67653 is an operator game, not a passive one. In practical terms, entry prices of $92K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Norcatur:
Market Trends
Home Value History (with trend line)
📊 How Does 67653 Compare?
| Metric | 67653 | Norcatur | Kansas |
|---|---|---|---|
| Home Value | $92,168 | $92,168 | $237,409 |
| 5-Year CAGR | 6.2% | 6.2% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 6.7% | 6.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67653 (Norcatur, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $92,168 |
| Monthly Rent | $792 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.3% |
| Cap Rate | 6.7% |
| 5-Year IRR | 12.9% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 67653
Population: 270
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
Frequently Asked Questions
What is the typical rental rate in Norcatur, KS?
The typical rental in Norcatur, KS commands about $792/mo monthly. That rent profile steady cash flow against the $92K purchase basis.
What is it like being a landlord in Norcatur, KS?
KS law landlord-friendly for landlords, and Norcatur inherits those rules. Investors should still review local ordinances for rental licensing.
How much should I expect to pay for a home in Norcatur, KS?
Typical homes in Norcatur, KS go for around $92K. The 5-year CAGR of 0.0% consistent price movement.
How does Norcatur, KS stack up for property investment?
Yes - Norcatur, KS a 3.0/5 investability score. With $92K home prices against $792/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the renter demographic in Norcatur, KS?
Norcatur, KS offers a stable renter base at the $792/mo rent level. Tenant turnover is reasonable for well-managed properties.
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