211 Michael Grove Ave #1EBozemanMT59718
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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 #1E, Bozeman, MT, 59718 priced at $349,000 pairs $2,380/mo rent with $125/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,380/mo, and annual cash flow comes to $1,505/yr on $115,694 invested. Return on cash invested is 21.21% in year one, and rental yield stands at 8.18% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 110.19% and total cumulative return in cash reaches $127,488. For financing, Ziffy Mortgage’s DSCR program evaluates $2,380/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$215 monthly 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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Listed by: Joe Kolwyck • Berkshire Hathaway - Bozeman
Mls Name: Big Sky Country MLS
Mls ID: #400534
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.