1309 E 8th StLaurelMT59044
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 Laurel at 1309 E 8th St, Laurel, MT, 59044 uses $99,052 cash to close to unlock $1,682/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,886/mo, and a $1,462/mo payment keeps the spread at $140/mo. Purchase price stands at $298,800, and rental yield measures 7.57% with $1,886/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $82,553 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash records $110,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,886/mo property income covering a $1,462/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59044, Laurel, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 3,765 (71.9%) |
| Renter Occupied HU | 1,240 (23.7%) |
| Vacant Housing Units | 228 ( 4.4%) |
| Median Home Value | $382,330 |
| Average Home Value | $452,008 |
Housing Distribution
Address Breakdown
Residential
4,910
Single Family
4,858
Multi-Family
52
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices