1303 9th 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 1303 9th Ave, Dodge City, KS, 67801 uses $82,709 cash to close to unlock $3,892/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,984/mo, and a $1,221/mo payment keeps the spread at $324/mo. Purchase price stands at $249,500, and rental yield measures 9.54% with $1,984/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 128.72% and total cumulative return in cash records $106,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,755 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: Sandra Pino • Crockett & Co Real Estate, LLC
Mls Name: Kansas High Plains AOR
Mls ID: #100834