2015 Whitman AveButteMT59701
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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 Butte at 2015 Whitman Ave, Butte, MT, 59701 priced at $360,000 converts $2,405/mo rent into $301/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,405/mo, and annual cash flow totals $3,612/yr on $119,340 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 8.02% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 118.6% and total cumulative return in cash sums $141,537. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,405/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1920
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59701, Butte, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,257 (100%) |
| Owner Occupied HU | 10,355 (60.0%) |
| Renter Occupied HU | 5,210 (30.2%) |
| Vacant Housing Units | 1,692 ( 9.8%) |
| Median Home Value | $238,215 |
| Average Home Value | $334,147 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
15,036
Multi-Family
957
Businesses
1,343
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Listed by: Melissa Crosby • RE/MAX Premier
Mls Name: Big Sky Country MLS
Mls ID: #397707
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.