1536 Meadowlark Dr APT 1BGreat FallsMT59404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1536 Meadowlark Dr APT 1B, Great Falls, MT, 59404 in Great Falls. At $149,000 it earns $1,268/mo in rent and distributes $398/mo to the owner after the $670/mo payment, a consistent 10.22% yield. DSCR 1.89 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $41,166 in value; $1,372/yr in principal paydown compounds ownership stake. Total projected return: $81,856.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.1% |
| Monthly Cash Flow | $398 | $420 |
City averages based on Great Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,268 |
| Total Monthly Debt Service | $812 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59404, Great Falls, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 9,156 (76.0%) |
| Renter Occupied HU | 2,234 (18.5%) |
| Vacant Housing Units | 662 ( 5.5%) |
| Median Home Value | $344,349 |
| Average Home Value | $396,387 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
11,906
Multi-Family
119
Businesses
601
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
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59404, Great Falls, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 9,156 (76.0%) |
| Renter Occupied HU | 2,234 (18.5%) |
| Vacant Housing Units | 662 ( 5.5%) |
| Median Home Value | $344,349 |
| Average Home Value | $396,387 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
11,906
Multi-Family
119
Businesses
601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Dascoulias • Dascoulias Realty Group
Mls Name: MRMLS
Mls ID: #30060881