105 N Merrill AveGlendiveMT59330
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.5% gross rental yield, 105 N Merrill Ave, Glendive, MT, 59330 in Glendive is priced for capital growth, not immediate cash flow. The $350,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $96,699 by year five, with $3,224/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.65) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $66,211.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 5.8% |
| Monthly Cash Flow | $(1,026) | $850 |
City averages based on Glendive market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $1,906 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1904
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59330, Glendive, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,417 (59.7%) |
| Renter Occupied HU | 980 (24.2%) |
| Vacant Housing Units | 653 (16.1%) |
| Median Home Value | $239,762 |
| Average Home Value | $276,566 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,325
Multi-Family
142
Businesses
437
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 1904
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59330, Glendive, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,417 (59.7%) |
| Renter Occupied HU | 980 (24.2%) |
| Vacant Housing Units | 653 (16.1%) |
| Median Home Value | $239,762 |
| Average Home Value | $276,566 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,325
Multi-Family
142
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices