318 Water StSheridanMT59749
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
Rental property for sale in Sheridan at 318 Water St, Sheridan, MT, 59749 priced at $350,000 pairs $2,071/mo rent with $26/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,071/mo, and annual cash flow comes to $306/yr on $116,025 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 7.1% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 103.82% and total cumulative return in cash reaches $120,458. For financing, Ziffy Mortgage’s DSCR program evaluates $2,071/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59749, Sheridan, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 932 (100%) |
| Owner Occupied HU | 611 (65.6%) |
| Renter Occupied HU | 185 (19.8%) |
| Vacant Housing Units | 136 (14.6%) |
| Median Home Value | $463,462 |
| Average Home Value | $621,424 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
99
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