2408 4th CirDodge 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 2408 4th Cir, Dodge City, KS, 67801 uses $76,245 cash to close to unlock $2,443/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,734/mo, and a $1,126/mo payment keeps the spread at $204/mo. Purchase price stands at $230,000, and rental yield measures 9.05% with $1,734/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash records $92,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,734/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.47 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: Adam Hobbs • Hobbs Realty
Mls Name: Dodge City BOR
Mls ID: #14976
Disclaimer: Copyright Dodge City Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.