140 Saxman StSterlingKS67579
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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 140 Saxman St, Sterling, KS, 67579 priced at $165,000 converts $1,268/mo rent into $170/mo cash flow after a $808/mo obligation. Total monthly income equals $1,268/mo, and annual cash flow totals $2,038/yr on $54,698 invested. Return on cash invested prints 23.64% in year one, and rental yield reads 9.22% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 123.43% and total cumulative return in cash sums $67,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,268/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1929
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67579, Sterling, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,252 (100%) |
| Owner Occupied HU | 840 (67.1%) |
| Renter Occupied HU | 262 (20.9%) |
| Vacant Housing Units | 150 (12.0%) |
| Median Home Value | $152,027 |
| Average Home Value | $187,149 |
Housing Distribution
Address Breakdown
Residential
1,174
Single Family
1,171
Multi-Family
3
Businesses
112
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Listed by: Melissa DeShon • Timber Oaks Realty, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51928
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.