324 7th Ave S #324ShelbyMT59474
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 Shelby at 324 7th Ave S #324, Shelby, MT, 59474 generates $845/mo in rent and, after a $587/mo payment, leaves $144/mo in cash flow. Total monthly income is $845/mo, and annual cash flow is $1,728/yr on $39,780 invested. Return on cash invested sits at 24.25% in year one, and rental yield is 8.45% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 125.69% and total cumulative return in cash sums $49,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $845/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59474, Shelby, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 825 (50.6%) |
| Renter Occupied HU | 429 (26.3%) |
| Vacant Housing Units | 376 (23.1%) |
| Median Home Value | $235,112 |
| Average Home Value | $297,739 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,064
Multi-Family
129
Businesses
231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Isenberg • Home Sweet Home Realty Group LLC
Mls Name: MRMLS
Mls Provider:
Mls ID: #30051502
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.