19 8th Ave NEChoteauMT59422
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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 Choteau at 19 8th Ave NE, Choteau, MT, 59422 offers $2,141/mo rent that, after a $1,610/mo payment, leaves $218/mo cash flow. Total monthly income is $2,141/mo, and annual cash flow is $2,621/yr on $109,064 cash. Return on cash invested measures 22.31% in year one, and rental yield stands at 7.81% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 115.29% and total cumulative return in cash reaches $125,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,141/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59422, Choteau, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,452 (100%) |
| Owner Occupied HU | 827 (57.0%) |
| Renter Occupied HU | 345 (23.8%) |
| Vacant Housing Units | 280 (19.3%) |
| Median Home Value | $285,952 |
| Average Home Value | $373,328 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
300
Multi-Family
46
Businesses
165
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