502 Mill StSheridanMT59749
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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 Sheridan at 502 Mill St, Sheridan, MT, 59749 with 5% annual appreciation on a $375,000 basis while $1,466/mo rent supports operations. 91% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 4.69%. Five-year ROI measures 64.83% and total cumulative return in cash totals $80,595. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,466/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
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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Listed by: Christopher Stjernholm • Trelora Realty
Mls Name: BMTMLS
Mls Provider:
Mls ID: #351969
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.