1011 S Cottage GrvMiles CityMT59301
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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 Miles City at 1011 S Cottage Grv, Miles City, MT, 59301 generates $1,090/mo in rent and, after a $861/mo payment, leaves $62/mo in cash flow. Total monthly income is $1,090/mo, and annual cash flow is $742/yr on $58,344 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 7.43% on a $176,000 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation builds toward $48,626 over five years. Five-year ROI reaches 109.23% and total cumulative return in cash sums $63,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,090/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59301, Miles City, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,248 (100%) |
| Owner Occupied HU | 3,087 (58.8%) |
| Renter Occupied HU | 1,513 (28.8%) |
| Vacant Housing Units | 648 (12.3%) |
| Median Home Value | $250,935 |
| Average Home Value | $310,801 |
Housing Distribution
Address Breakdown
Residential
4,992
Single Family
4,843
Multi-Family
149
Businesses
685
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Listed by: Dawn Bolejack • Hardesty & Associates Real Estate
Mls Name: Eastern Montana BOR
Mls ID: #343142