Under $500K Investment Properties for Sale in Dodge City, KS


85- 4 Bed
- 3 Bath
- 1998 sft


52- 4 Bed
- 3 Bath
- 1792 sft


162- 3 Bed
- 4 Bath
- 1728 sft


47- 3 Bed
- 1 Bath
- 1059 sft
Why Invest in Dodge City, Kansas?
Discover investment opportunities in Dodge City, KS properties under $500k, offering strong value in a growing market. The area's median home prices around $240k provide accessible entry points for cash-flowing rentals. Beef processing drives steady rental demand with cap rates near 8% and average rents of $1,100. Annual appreciation of 3-5% combined with low vacancy supports reliable returns. Housing assessments highlight ongoing needs for both owner and renter units amid population stability.
Frequently Asked Questions
Median sale prices in Ford County reached $242k in late 2025, up 5.3% year-over-year. Most properties under $500k offer single-family homes suitable for rentals. This range captures strong investment value amid housing shortages.
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