1403B Shadow LnDodge 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
Rental property for sale in Dodge City at 1403B Shadow Ln, Dodge City, KS, 67801 priced at $229,000 converts $1,510/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,510/mo. Return on cash invested prints 14.43% in year one, and rental yield reads 7.91% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 76.02% and total cumulative return in cash sums $57,713. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,510/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
3,808 sqft lot
$N/A/sqft
$300 monthly 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: #14642
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.