402 Washington StSterlingCO80751
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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 402 Washington St, Sterling, CO, 80751 priced at $250,000 pairs $1,343/mo rent with after a $1,224/mo payment. Total monthly income equals $1,343/mo. Return on cash invested is 18.25% in year one, and rental yield stands at 6.45% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 93.51% and total cumulative return in cash reaches $77,494. For financing, Ziffy Mortgage’s DSCR program evaluates $1,343/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
4,599 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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