1306 Miller AveDodge CityKS67801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1306 Miller Ave, Dodge City, KS, 67801 in Dodge City worth modelling. At $223,500 with a 8.54% gross yield, the $1,590/mo rent leaves $103/mo after the $1,005/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.58 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $61,749 by year five; $2,058/yr in principal reduction adds further equity. Total projected return: $91,896.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.2% |
| Monthly Cash Flow | $103 | $450 |
City averages based on Dodge City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,590 |
| Total Monthly Debt Service | $1,398 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Estrada • Coldwell Banker Hancocks
Mls Name: Dodge City BOR
Mls ID: #14637
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.