1603 Park StDodge 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 1603 Park St, Dodge City, KS, 67801 with 5% annual appreciation on a $199,900 basis while $1,898/mo rent supports operations. Total monthly income totals $1,898/mo and a $978/mo payment preserves $569/mo for cash returns. Annual cash flow comes to $6,822/yr on $66,267 deployed, and return on cash invested reaches 30.2% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 11.39%. Five-year ROI measures 158.67% and total cumulative return in cash totals $105,145.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,898/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1993
0.44 Acres 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: Maria D Colorado • Real Estate Professionals
Mls Name: Dodge City BOR
Mls ID: #14912
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.