116 S Lake AveMiles CityMT59301
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
Investment property for sale in Miles City at 116 S Lake Ave, Miles City, MT, 59301 at $152,500 posts ROI 24.07% with $175/mo cash flow from $1,106/mo rent. Total monthly income equals $1,106/mo, and annual cash flow records $2,106/yr on $50,554 to close. Return on cash invested measures 24.07% and rental yield reads 8.7% at the current $152,500. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 by year five. Five-year ROI prints 125.12% and total cumulative return in cash totals $63,251.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,106/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1911
6,098 sqft 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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Nearby investment properties with comparable prices
Listed by: Elizabeth Meidinger • Hometown Real Estate
Mls Name: Eastern Montana BOR
Mls ID: #342891
Disclaimer: Copyright Eastern Montana MLS. All rights reserved. Information is deemed reliable but not guaranteed.