109 N Broadway StManhattanMT59741
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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 Manhattan at 109 N Broadway St, Manhattan, MT, 59741 offers a 7.7% rental yield on a $350,000 purchase with $2,246/mo rent. Total monthly income registers $2,246/mo, and a $1,713/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,406/yr on $116,025 to close, and return on cash invested stands at 21.98% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 113.52% and total cumulative return in cash at $131,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,246/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59741, Manhattan, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,363 (100%) |
| Owner Occupied HU | 1,678 (71.0%) |
| Renter Occupied HU | 534 (22.6%) |
| Vacant Housing Units | 151 ( 6.4%) |
| Median Home Value | $692,604 |
| Average Home Value | $720,724 |
Housing Distribution
Address Breakdown
Residential
1,535
Single Family
1,457
Multi-Family
78
Businesses
177
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Listed by: Nancy Clark • AmeriMont Real Estate
Mls Name: Big Sky Country MLS
Mls ID: #400418
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.