292 2nd StCorvallisMT59828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Corvallis at 292 2nd St, Corvallis, MT, 59828 uses $132,434 cash to close to unlock $114/yr annual cash flow and $9/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,955/mo payment keeps the spread at $9/mo. Purchase price stands at $399,500, and rental yield measures 7.04% with $2,344/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 102.86% and total cumulative return in cash records $136,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,955/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59828, Corvallis, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,079 (100%) |
| Owner Occupied HU | 2,280 (74.1%) |
| Renter Occupied HU | 548 (17.8%) |
| Vacant Housing Units | 251 ( 8.2%) |
| Median Home Value | $579,018 |
| Average Home Value | $702,235 |
Housing Distribution
Address Breakdown
Residential
2,522
Single Family
2,522
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices