415 N Railroad Ave EManhattanMT59741
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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 Manhattan at 415 N Railroad Ave E, Manhattan, MT, 59741 uses $61,328 cash to close to unlock $3,903/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $1,406/mo, and a $905/mo payment keeps the spread at $325/mo. Purchase price stands at $185,000, and rental yield measures 9.12% with $1,406/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 136.56% and total cumulative return in cash records $83,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,406/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
N/A 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: Dylan Conger • REAL Broker
Mls Name: MRMLS
Mls Provider:
Mls ID: #30039201
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.