1131 Hobson AveButteMT59701
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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 Butte at 1131 Hobson Ave, Butte, MT, 59701 uses $104,423 cash to close to unlock $4,173/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,542/mo payment keeps the spread at $348/mo. Purchase price stands at $315,000, and rental yield measures 8.34% with $2,189/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash records $129,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1922
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59701, Butte, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,257 (100%) |
| Owner Occupied HU | 10,355 (60.0%) |
| Renter Occupied HU | 5,210 (30.2%) |
| Vacant Housing Units | 1,692 ( 9.8%) |
| Median Home Value | $238,215 |
| Average Home Value | $334,147 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
15,036
Multi-Family
957
Businesses
1,343
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Listed by: Katey White • Berkshire Hathaway - Butte
Mls Name: Big Sky Country MLS
Mls ID: #397335
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.