204 University DrDodge CityKS67801
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
Investment Highlights
Rental property for sale in Dodge City at 204 University Dr, Dodge City, KS, 67801 priced at $234,900 pairs $1,854/mo rent with $291/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,854/mo, and annual cash flow comes to $3,492/yr on $77,869 invested. Return on cash invested is 24.39% in year one, and rental yield stands at 9.47% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 127.5% and total cumulative return in cash reaches $99,285. For financing, Ziffy Mortgage’s DSCR program evaluates $1,854/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Constancio Gutierrez • Coldwell Banker Hancocks
Mls Name: Dodge City BOR
Mls ID: #14586
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.