513 N 2nd AveSterlingCO80751
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 513 N 2nd Ave, Sterling, CO, 80751 in Sterling. Priced at $130,300, it generates $1,276/mo in gross rent and $516/mo in net monthly cash flow, a 11.75% yield that comfortably supports the 2.18 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,195. Five-year appreciation: $35,999. Equity from principal paydown: $1,200/yr. Total projected cumulative return: $82,483.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.0% |
| Monthly Cash Flow | $516 | $1,200 |
City averages based on Sterling market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,276 |
| Total Monthly Debt Service | $708 |
| DSCR Ratio | 1.80x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1916
7,600 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
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
Single Family
Built in 1916
7,600 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices