208 E Main StSterlingKS67579
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 Sterling at 208 E Main St, Sterling, KS, 67579 offers $1,952/mo rent that, after a $1,346/mo payment, leaves $122/mo cash flow. Total monthly income is $1,952/mo, and annual cash flow is $1,469/yr on $91,163 cash. Return on cash invested measures 21.52% in year one, and rental yield stands at 8.52% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 112.11% and total cumulative return in cash reaches $102,203. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,952/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.38 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices