119 2nd StGlendiveMT59330
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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 Glendive at 119 2nd St, Glendive, MT, 59330 offers $1,027/mo rent that, after a $636/mo payment, leaves $248/mo cash flow. Total monthly income is $1,027/mo, and annual cash flow is $2,979/yr on $43,062 cash. Return on cash invested measures 26.83% in year one, and rental yield stands at 9.49% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 139.8% and total cumulative return in cash reaches $60,199. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,027/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,969 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
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