402 W Manhattan Ave #BManhattanMT59741
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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 Manhattan at 402 W Manhattan Ave #B, Manhattan, MT, 59741 priced at $525,000 converts $2,640/mo rent into after a $2,570/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 17.08% in year one, and rental yield reads 6.03% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 87.2% and total cumulative return in cash sums $150,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59741, Manhattan, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,363 (100%) |
| Owner Occupied HU | 1,678 (71.0%) |
| Renter Occupied HU | 534 (22.6%) |
| Vacant Housing Units | 151 ( 6.4%) |
| Median Home Value | $692,604 |
| Average Home Value | $720,724 |
Housing Distribution
Address Breakdown
Residential
1,535
Single Family
1,457
Multi-Family
78
Businesses
177
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Listed by: Michael Green • eXp Realty, LLC
Mls Name: Big Sky Country MLS
Mls ID: #398616
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.