212 N 6th 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
Investment property for sale in Sterling at 212 N 6th St, Sterling, KS, 67579 offers a 9.73% rental yield on a $105,000 purchase with $851/mo rent. Total monthly income registers $851/mo, and a $514/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,828/yr on $34,808 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 131.77% and total cumulative return in cash at $45,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.27 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
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