224 W Cascade AveShelbyMT59474
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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
Rental property for sale in Shelby at 224 W Cascade Ave, Shelby, MT, 59474 priced at $110,000 pairs $864/mo rent with $222/mo cash flow after a $538/mo payment. Total monthly income equals $864/mo, and annual cash flow comes to $2,658/yr on $36,465 invested. Return on cash invested is 27.2% in year one, and rental yield stands at 9.43% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 141.54% and total cumulative return in cash reaches $51,612. For financing, Ziffy Mortgage’s DSCR program evaluates $864/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59474, Shelby, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 825 (50.6%) |
| Renter Occupied HU | 429 (26.3%) |
| Vacant Housing Units | 376 (23.1%) |
| Median Home Value | $235,112 |
| Average Home Value | $297,739 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,064
Multi-Family
129
Businesses
231
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Listed by: Gordon Smedsrud • Home Sweet Home Realty Group LLC
Mls Name: MRMLS
Mls Provider:
Mls ID: #30044246
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.