Is Independence, KS a good place to invest in rental property?

Independence, KS has a median modeled monthly cash flow of $-347 and a median cap rate of 4.0%, on a median sold price of $139,500. Prices changed +9.7% year over year.

What is the average cap rate in Independence, KS?

The median cap rate across recently sold homes in Independence, KS is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Independence, KS?

The median sold price in Independence, KS is $139,500 (about $84 per square foot).

Investing in Independence, KS Real Estate

A data-driven snapshot of the Independence, KS rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$139,500Median sold price

$84Median $/sqft

4.0%Median cap rate

$-347Modeled cash flow / mo

+9.7%Appreciation YoY

5.5Months of supply

65Active listings

141Sold (last 12 mo)

What the Independence numbers say

In Independence, KS, the median home sold for $139,500 (about $84 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-347 of monthly cash flow. Sold prices moved +9.7% over the past year. Inventory sits at about 5.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kansas markets to compare

See Independence cash-flowing listings

CashFlowRE ranks every for-sale home in Independence, KS by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Independence deals, or browse the national market data.