516 Mill StSheridanMT59749
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 Sheridan at 516 Mill St, Sheridan, MT, 59749 offers $2,040/mo rent that, after a $1,591/mo payment, leaves $140/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $1,683/yr on $107,738 cash. Return on cash invested measures 21.47% in year one, and rental yield stands at 7.53% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 110.79% and total cumulative return in cash reaches $119,365. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
10,018 sqft 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: Michelle Van Dyke • Berkshire Hathaway Twin Bridge
Mls Name: Big Sky Country MLS
Mls ID: #400095
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.