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MarketsKansasHutchinson

Cap Rate Analysis: Hutchinson, KS

Investment metrics, interactive calculators, and data-driven analysis for Hutchinson rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Moderate — source deals carefully
Based on $150,000 median price and $830/mo median rent
Est. Cap Rate
4.11%
1% Rule
0.55%
Fails
GRM
15.1x
Price / Income
2.7x

Market Data

Median Home Price$150,000
Median Monthly Rent$830
Property Tax Rate1.38%
Population50,000
Population Growth0.7% / yr
Median Household Income$55,200
Vacancy Rate5.3%
Annual Appreciation2.5%

Cap Rate Calculator — Hutchinson

Pre-filled with Hutchinson medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.38% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.32%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$4,980
net operating income
Gross Rent Multiplier
15.1x
High (>15)
1% Rule
0.55%
✗ Fails
Monthly Cash Flow
$415
before debt service
Annual Breakdown
Gross Rental Income$9,960
Less Vacancy−$528
Effective Income$9,432
Less Operating Expenses−$4,452
Net Operating Income$4,980
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Cash-on-Cash Return — Hutchinson

Factor in financing to see your actual return on invested capital in Hutchinson.

$
$37,500
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-7.21%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$42,000
$37,500 down + $4,500 closing
Monthly Mortgage
$733
on $113K loan
Monthly Cash Flow
$-252
after all expenses
Annual Cash Flow
$-3,029
before taxes
Cash Flow Breakdown
Monthly Rent$830
Less Expenses−$349
Less Mortgage−$733
Monthly Cash Flow$-252

Is Hutchinson a Good Place to Invest in Rental Property?

Hutchinson, KS has a population of 50,000 and has been growing at 0.7% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $150,000 paired with median rents of $830/mo produces an estimated cap rate of 4.11%.

Property taxes at 1.38% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.3% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 2.7x, homes cost about 2.7 times the local median income of $55,200. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Hutchinson presents moderate opportunities. Cap rates near 4.11% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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