211 Michael Grove Ave #1ABozemanMT59718
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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 Bozeman at 211 Michael Grove Ave #1A, Bozeman, MT, 59718 priced at $321,500 converts $2,143/mo rent into $264/mo cash flow after a $1,574/mo obligation. Total monthly income equals $2,143/mo, and annual cash flow totals $3,163/yr on $106,577 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 8% against a $321,500 entry. Equity gained on principal adds $2,075/yr, while 5% annual appreciation compiles into $88,825 by year five. Five-year ROI reaches 118.32% and total cumulative return in cash sums $126,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,143/mo property income covering a $1,574/mo payment, not borrower’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59718, Bozeman, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,663 (100%) |
| Owner Occupied HU | 11,632 (51.3%) |
| Renter Occupied HU | 9,000 (39.7%) |
| Vacant Housing Units | 2,031 ( 9.0%) |
| Median Home Value | $674,274 |
| Average Home Value | $744,545 |
Housing Distribution
Address Breakdown
Residential
21,471
Single Family
20,826
Multi-Family
645
Businesses
1,607
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