115 E Gallatin St #C-203ManhattanMT59741
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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 115 E Gallatin St #C-203, Manhattan, MT, 59741 uses $75,914 cash to close to unlock $2,345/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,534/mo, and a $1,121/mo payment keeps the spread at $195/mo. Purchase price stands at $229,000, and rental yield measures 8.04% with $1,534/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 118.99% and total cumulative return in cash records $90,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,534/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A 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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