307 S Illinois StConradMT59425
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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 Conrad at 307 S Illinois St, Conrad, MT, 59425 priced at $147,000 converts $1,164/mo rent into $305/mo cash flow after a $719/mo obligation. Total monthly income equals $1,164/mo, and annual cash flow totals $3,664/yr on $48,731 invested. Return on cash invested prints 27.43% in year one, and rental yield reads 9.5% against a $147,000 entry. Equity gained on principal adds $949/yr, while 5% annual appreciation compiles into $40,613 by year five. Five-year ROI reaches 142.8% and total cumulative return in cash sums $69,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,164/mo property income covering a $719/mo payment, not borrower’s personal income.
Single Family
Built in 1947
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59425, Conrad, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,730 (100%) |
| Owner Occupied HU | 1,012 (58.5%) |
| Renter Occupied HU | 426 (24.6%) |
| Vacant Housing Units | 292 (16.9%) |
| Median Home Value | $242,021 |
| Average Home Value | $330,699 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,299
Multi-Family
129
Businesses
225
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Listed by: Kim Hofstad • 1st Choice Realty LLC
Mls Name: MRMLS
Mls Provider:
Mls ID: #30043156
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.