Is Wichita County, TX good for real estate investing?

Wichita County has an investment score of 68/100, rated as "Buy". The county ranks #191 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Wichita?

The rent-to-price ratio in Wichita County is 8.67% annually, which ranks in the 96th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Wichita?

The median home price in Wichita County is $163,787. This ranks #110 in affordability among all US counties.

Can you cash flow on rental properties in Wichita?

Based on median values with 20% down at current rates, a typical rental in Wichita County would generate negative cash flow of $90/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Wichita County

TexasPopulation: 129,584

/100

Buy

#191 of 1,000 counties

#26 in Texas (243 counties)

Market Snapshot

$163,787

Median Home Price

40% below national median

$1,183/mo

Median Rent

21% below national median

8.67%

Rent-to-Price Ratio

Top 4% nationally

-$90

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$163,787

Down Payment (20%)$32,757

Loan Amount$131,030

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,183

Monthly P&I-$859

Est. Expenses (35%)-$414

Net Cash Flow-$90/mo

5.6%

Cap Rate (all cash)

-2.9%

Cash-on-Cash Return

8.67%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

68/100

Cash Flow(30%)

87/100

Based on 8.67% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

47/100

Based on -0.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

88/100

Price-to-income ratio of 2.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (8.67%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-0.5% YoY)
-Negative leverage (cap rate 5.6% < mortgage rate 6.9%)

Economic Indicators

Population

129,584

Median Income

$58,862

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

2.8x

Very affordable

Compare to Nearby Counties

County					Verdict
CallahanTX	69	$206,313	Est. pending	—	Buy	View
CurrentWichitaTX	68	$163,787	$1,183	8.67%	Buy
WebbTX	68	$211,662	$1,286	7.29%	Buy	View
PotterTX	68	$142,947	$1,002	8.41%	Buy	View
Tom GreenTX	67	$242,154	$1,404	6.96%	Buy	View
PolkTX	67	$178,975	$1,388	9.31%	Buy	View

The Bottom Line

BuyWichita offers solid investment potential with good cash flow or appreciation prospects.

Wichita County in Texas scores 68/100, ranking #191 of 1,000 US counties (top 19%). The 8.67% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-90/mo

Cap Rate

5.6%

Cash-on-Cash

-2.9%

Ready to Analyze a Deal in Wichita?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$163,787

Down Payment (20%)$32,757

Loan Amount$131,030

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,183

Monthly P&I-$859

Est. Expenses (35%)-$414

Net Cash Flow-$90/mo

5.6%

Cap Rate (all cash)

-2.9%

Cash-on-Cash Return

8.67%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

68/100

Cash Flow(30%)

87/100

Based on 8.67% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

47/100

Based on -0.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

88/100

Price-to-income ratio of 2.8x. Lower ratios indicate more affordable markets.

County

Verdict

CallahanTX

$206,313

Est. pending

—

Buy

View

CurrentWichitaTX

$163,787

$1,183

8.67%

Buy

WebbTX

$211,662

$1,286

7.29%

Buy

View

PotterTX

$142,947

$1,002

8.41%

Buy

View

Tom GreenTX

$242,154

$1,404

6.96%

Buy

View

PolkTX

$178,975

$1,388

9.31%

Buy

View

The Bottom Line

BuyWichita offers solid investment potential with good cash flow or appreciation prospects.

Wichita County in Texas scores 68/100, ranking #191 of 1,000 US counties (top 19%). The 8.67% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-90/mo

Cap Rate

5.6%

Cash-on-Cash

-2.9%