316 W Corcoran StLewistownMT59457
Nearby investment properties with comparable rents
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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 Lewistown at 316 W Corcoran St, Lewistown, MT, 59457 offers $1,740/mo rent that, after a $1,713/mo payment. Total monthly income is $1,740/mo. Return on cash invested measures 16.75% in year one, and rental yield stands at 5.97% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 85.46% and total cumulative return in cash reaches $99,158. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,740/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
9,017 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59457, Lewistown, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,673 (100%) |
| Owner Occupied HU | 2,888 (61.8%) |
| Renter Occupied HU | 1,206 (25.8%) |
| Vacant Housing Units | 579 (12.4%) |
| Median Home Value | $227,704 |
| Average Home Value | $317,697 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
3,923
Multi-Family
179
Businesses
652
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