307 S Iowa StConradMT59425
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 307 S Iowa St, Conrad, MT, 59425 in Conrad is listed at $260,000 and delivers $1,831/mo in rent and $324/mo in net monthly cash flow. The 8.51% yield and 1.57 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $71,833 over five years, and $2,395/yr in principal reduction supplements cash return. Total projected cumulative return: $118,233.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $324 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,831 |
| Total Monthly Debt Service | $1,416 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
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
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
Single Family
Built in 1959
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherri Judisch • 1st Choice Realty LLC
Mls Name: MRMLS
Mls Provider:
Mls ID: #30049368
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.