131 Park St UNIT A, B, CSterlingCO80751
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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 Sterling at 131 Park St UNIT A, B, C, Sterling, CO, 80751 priced at $599,999 converts $3,180/mo rent into after a $2,937/mo obligation. Total monthly income equals $3,180/mo. Return on cash invested prints 18.13% in year one, and rental yield reads 6.36% against a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 92.8% and total cumulative return in cash sums $183,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Multi Family
Built in 1905
3,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80751, Sterling, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,865 (100%) |
| Owner Occupied HU | 3,904 (56.9%) |
| Renter Occupied HU | 2,345 (34.2%) |
| Vacant Housing Units | 616 ( 9.0%) |
| Median Home Value | $258,511 |
| Average Home Value | $305,221 |
Housing Distribution
Address Breakdown
Residential
6,551
Single Family
6,288
Multi-Family
263
Businesses
884
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Listed by: Michele Owen • RE/MAX Homestead Northeast
Mls Name: IRES
Mls Provider:
Mls ID: #1021987
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.