302 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 302 N 6th St, Sterling, KS, 67579 listed at $177,500 pairs $998/mo rent with a $869/mo payment. Total monthly income runs $998/mo. Return on cash invested measures 16.17% in year one, and rental yield registers 6.75% at a $177,500 basis. Equity gained on principal adds $1,145/yr, and annual property appreciation at 5% supports $49,040 by year five. Five-year ROI tracks 83.43% and total cumulative return in cash totals $49,092. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $998/mo property income relative to a $869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
6,098 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: Jacqui Homewood • Reign Real Estate
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52932
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.