603 S Michigan StConradMT59425
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
Investment property for sale in Conrad at 603 S Michigan St, Conrad, MT, 59425 listed at $129,000 pairs $1,032/mo rent with a $631/mo payment to leave $278/mo cash flow. Total monthly income runs $1,032/mo, and annual cash flow reaches $3,341/yr on $42,764 cash to close. Return on cash invested measures 27.72% in year one, and rental yield registers 9.6% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 144.35% and total cumulative return in cash totals $61,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,032/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,880 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Hofstad • 1st Choice Realty LLC
Mls Name: MRMLS
Mls Provider:
Mls ID: #30046960
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.