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

Parsons, KS has a median modeled monthly cash flow of $12 and a median cap rate of 6.4%, on a median sold price of $73,000. Prices changed -8.0% year over year.

What is the average cap rate in Parsons, KS?

The median cap rate across recently sold homes in Parsons, KS is 6.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Parsons, KS?

The median sold price in Parsons, KS is $73,000 (about $64 per square foot).

Investing in Parsons, KS Real Estate

A data-driven snapshot of the Parsons, 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.

$73,000Median sold price

$64Median $/sqft

6.4%Median cap rate

$12Modeled cash flow / mo

-8.0%Appreciation YoY

6.8Months of supply

53Active listings

93Sold (last 12 mo)

What the Parsons numbers say

In Parsons, KS, the median home sold for $73,000 (about $64 per square foot), and the typical deal models out to a 6.4% cap rate with a median $12 of monthly cash flow. Sold prices moved -8.0% over the past year. Inventory sits at about 6.8 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 Parsons cash-flowing listings

CashFlowRE ranks every for-sale home in Parsons, 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 Parsons deals, or browse the national market data.