115 E Gallatin Ave #C205ManhattanMT59741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 2 Bed
- 2 Bath
- 910 sft
- 3 Bed
- 2 Bath
- 1056 sft
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 115 E Gallatin Ave #C205, Manhattan, MT, 59741 uses $82,875 cash to close to unlock $90/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $1,696/mo, and a $1,224/mo payment keeps the spread at $8/mo. Purchase price stands at $250,000, and rental yield measures 8.14% with $1,696/mo rent. Return on cash invested shows 20.02% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.18% and total cumulative return in cash records $86,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$227 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 2 Bed
- 2 Bath
- 910 sft
- 3 Bed
- 2 Bath
- 1056 sft
Listed by: Jamie Chu • Berkshire Hathaway - Bozeman
Mls Name: Big Sky Country MLS
Mls ID: #396813
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.