1040 Highway 12Miles 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
Investment property for sale in Miles City at 1040 Highway 12, Miles City, MT, 59301 offers a 2% rental yield on a $415,000 purchase with $690/mo rent. 77% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 21.22% and total cumulative return in cash at $29,193. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $690/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.10 Acres 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: Monty Lesh • Lesh & Company
Mls Name: Eastern Montana BOR
Mls ID: #342933