1408 N Jordan 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
Rental property for sale in Miles City at 1408 N Jordan Ave, Miles City, MT, 59301 generates $1,079/mo in rent and, after a $631/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,079/mo, and annual cash flow is $3,905/yr on $42,764 invested. Return on cash invested sits at 29.04% in year one, and rental yield is 10.04% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 151.42% and total cumulative return in cash sums $64,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,079/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Rainey • Hardesty & Associates Real Estate
Mls Name: Eastern Montana BOR
Mls ID: #343027
Disclaimer: Copyright Eastern Montana MLS. All rights reserved. Information is deemed reliable but not guaranteed.