1624 Cannon St APT 35HelenaMT59601
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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 Helena at 1624 Cannon St APT 35, Helena, MT, 59601 uses $65,969 cash to close to unlock $7,727/yr annual cash flow and $644/mo monthly cash flow. Total monthly income runs $1,807/mo, and a $974/mo payment keeps the spread at $644/mo. Purchase price stands at $199,000, and rental yield measures 10.9% with $1,807/mo rent. Return on cash invested shows 31.62% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 165.2% and total cumulative return in cash records $108,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,807/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59601, Helena, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,886 (100%) |
| Owner Occupied HU | 8,163 (51.4%) |
| Renter Occupied HU | 6,670 (42.0%) |
| Vacant Housing Units | 1,053 ( 6.6%) |
| Median Home Value | $401,311 |
| Average Home Value | $473,259 |
Housing Distribution
Address Breakdown
Residential
14,950
Single Family
13,603
Multi-Family
1,347
Businesses
1,647
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