116 1st Ave SWChoteauMT59422
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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 Choteau at 116 1st Ave SW, Choteau, MT, 59422 priced at $345,000 converts $2,292/mo rent into $275/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,292/mo, and annual cash flow totals $3,303/yr on $114,368 invested. Return on cash invested prints 22.8% in year one, and rental yield reads 7.97% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 117.9% and total cumulative return in cash sums $134,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,292/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1918
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59422, Choteau, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,452 (100%) |
| Owner Occupied HU | 827 (57.0%) |
| Renter Occupied HU | 345 (23.8%) |
| Vacant Housing Units | 280 (19.3%) |
| Median Home Value | $285,952 |
| Average Home Value | $373,328 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
300
Multi-Family
46
Businesses
165
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Listed by: Kami Scott • Clearwater Montana Properties - Choteau
Mls Name: MRMLS
Mls Provider:
Mls ID: #30044099
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.