1003 Cleveland AveHavreMT59501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Havre rentals match the income profile of 1003 Cleveland Ave, Havre, MT, 59501. Listed at $224,500, gross rent is $1,946/mo and net cash flow is $626/mo, a 10.4% yield well above national averages. DSCR 1.93 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $62,025 by year five with $2,068/yr in annual principal reduction, projecting $125,152 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 4.8% |
| Monthly Cash Flow | $626 | $285 |
City averages based on Havre market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,946 |
| Total Monthly Debt Service | $1,231 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59501, Havre, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,834 (100%) |
| Owner Occupied HU | 3,246 (55.6%) |
| Renter Occupied HU | 1,757 (30.1%) |
| Vacant Housing Units | 831 (14.2%) |
| Median Home Value | $235,031 |
| Average Home Value | $303,541 |
Housing Distribution
Address Breakdown
Residential
5,086
Single Family
4,860
Multi-Family
226
Businesses
669
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
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59501, Havre, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,834 (100%) |
| Owner Occupied HU | 3,246 (55.6%) |
| Renter Occupied HU | 1,757 (30.1%) |
| Vacant Housing Units | 831 (14.2%) |
| Median Home Value | $235,031 |
| Average Home Value | $303,541 |
Housing Distribution
Address Breakdown
Residential
5,086
Single Family
4,860
Multi-Family
226
Businesses
669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices