1536 Meadowlark Dr APT 2BGreat FallsMT59404
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1536 Meadowlark Dr APT 2B, Great Falls, MT, 59404 in Great Falls achieves a 1.50 ratio at $200,000: $1,350/mo rent versus $899/mo debt service. Rental yield 8.19%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.19% yield compounds alongside 5% annual appreciation projecting $55,256 in value. Total projected cumulative return: $50,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.1% |
| Monthly Cash Flow | $(413) | $420 |
City averages based on Great Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,350 |
| Total Monthly Debt Service | $1,698 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
261.36 sqft lot
$N/A/sqft
$575 monthly 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
261.36 sqft lot
$N/A/sqft
$575 monthly 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: Sharon Virgin • Dustin Young and Company
Mls Name: MRMLS
Mls Provider:
Mls ID: #30041694
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.