1302 6th AveDodge 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 1302 6th Ave, Dodge City, KS, 67801 offers a 8.99% rental yield on a $160,000 purchase with $1,199/mo rent. Total monthly income registers $1,199/mo, and a $783/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,616/yr on $53,040 to close, and return on cash invested stands at 22.96% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 119.8% and total cumulative return in cash at $63,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,199/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
7,175 sqft lot
$N/A/sqft
No 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: Vicki Smith • Hobbs Realty
Mls Name: Dodge City BOR
Mls ID: #14766
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.