407 N 5th 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 407 N 5th St, Sterling, KS, 67579 uses $180,621 cash to close to unlock $4,292/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $4,010/mo, and a $2,687/mo payment keeps the spread at $358/mo. Purchase price stands at $549,000, and rental yield measures 8.77% with $4,010/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 116.98% and total cumulative return in cash records $211,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,010/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.64 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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Listed by: Amanda Maxwell • Align Realty, LLC
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53092
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.