1024 Main StCorvallisMT59828
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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 Corvallis at 1024 Main St, Corvallis, MT, 59828 offers a 8.73% rental yield on a $250,000 purchase with $1,818/mo rent. Total monthly income registers $1,818/mo, and a $1,224/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,278/yr on $82,875 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 130.1% and total cumulative return in cash at $107,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,818/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
6,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59828, Corvallis, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,079 (100%) |
| Owner Occupied HU | 2,280 (74.1%) |
| Renter Occupied HU | 548 (17.8%) |
| Vacant Housing Units | 251 ( 8.2%) |
| Median Home Value | $579,018 |
| Average Home Value | $702,235 |
Housing Distribution
Address Breakdown
Residential
2,522
Single Family
2,522
Multi-Family
0
Businesses
97
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