617 Illinois StChinookMT59523
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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
Rental property for sale in Chinook at 617 Illinois St, Chinook, MT, 59523 generates $992/mo in rent and, after a $612/mo payment, leaves $261/mo in cash flow. Total monthly income is $992/mo, and annual cash flow is $3,135/yr on $41,438 invested. Return on cash invested sits at 27.47% in year one, and rental yield is 9.52% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash sums $59,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $992/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59523, Chinook, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,086 (100%) |
| Owner Occupied HU | 661 (60.9%) |
| Renter Occupied HU | 275 (25.3%) |
| Vacant Housing Units | 150 (13.8%) |
| Median Home Value | $242,500 |
| Average Home Value | $354,281 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
157
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