1009 Ruth Ann DrDodge CityKS67801
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dodge City at 1009 Ruth Ann Dr, Dodge City, KS, 67801 offers a 10.03% rental yield on a $350,000 purchase with $2,926/mo rent. Total monthly income registers $2,926/mo, and a $1,713/mo payment leaves $563/mo available for distribution. Annual cash flow reaches $6,751/yr on $116,025 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 134.79% and total cumulative return in cash at $156,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,926/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.28 Acres lot
$N/A/sqft
$420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67801, Dodge City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,408 (100%) |
| Owner Occupied HU | 6,209 (54.4%) |
| Renter Occupied HU | 4,091 (35.9%) |
| Vacant Housing Units | 1,108 ( 9.7%) |
| Median Home Value | $172,202 |
| Average Home Value | $239,864 |
Housing Distribution
Address Breakdown
Residential
11,104
Single Family
10,550
Multi-Family
554
Businesses
1,296
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Listed by: Adam Hobbs • Hobbs Realty
Mls Name: Dodge City BOR
Mls ID: #14546
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.