1907 La Mesa DrDodge 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 1907 La Mesa Dr, Dodge City, KS, 67801 priced at $275,000 pairs $2,005/mo rent with $175/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,005/mo, and annual cash flow comes to $2,105/yr on $91,163 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 8.75% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 115.86% and total cumulative return in cash reaches $105,623. For financing, Ziffy Mortgage’s DSCR program evaluates $2,005/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
8,855 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: Sybil R Pyle • Re/max Villa
Mls Name: Dodge City BOR
Mls ID: #15113