10262 Covenant DrMissoulaMT59808
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 Missoula at 10262 Covenant Dr, Missoula, MT, 59808 generates $3,240/mo in rent and, after a $2,643/mo payment, leaves $64/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $768/yr on $177,657 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.2% on a $539,990 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation builds toward $149,189 over five years. Five-year ROI reaches 105.55% and total cumulative return in cash sums $187,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,015 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59808, Missoula, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,491 (100%) |
| Owner Occupied HU | 6,232 (54.2%) |
| Renter Occupied HU | 4,078 (35.5%) |
| Vacant Housing Units | 1,181 (10.3%) |
| Median Home Value | $502,727 |
| Average Home Value | $564,656 |
Housing Distribution
Address Breakdown
Residential
10,849
Single Family
9,815
Multi-Family
1,034
Businesses
1,346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dakota Belarde • ERA Lambros Real Estate Missoula
Mls Name: MRMLS
Mls Provider:
Mls ID: #30064138
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.