408 S Michigan StConradMT59425
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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
Investment property for sale in Conrad at 408 S Michigan St, Conrad, MT, 59425 earns $366/mo cash flow from $1,529/mo rent with a $974/mo payment. Total monthly income totals $1,529/mo, and annual cash flow totals $4,391/yr on $65,969 capital. ROI tracks 26.57% on current figures, and rental yield reads 9.22% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 138.09% and total cumulative return in cash sums $91,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,529/mo property income instead of your personal income.
Single Family
Built in 1952
6,708 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
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