2111 38th StMissoulaMT59801
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2111 38th St, Missoula, MT, 59801 in Missoula deserves attention. This $795,000 property earns $7,127/mo in rent, a 10.76% gross yield, and nets $2,302/mo after the $3,575/mo payment. DSCR 1.99 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $219,644 compounds alongside $7,322/yr in yearly equity build, for a total cumulative return of $449,193.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.2% |
| Monthly Cash Flow | $2,302 | $1,250 |
City averages based on Missoula market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,127 |
| Total Monthly Debt Service | $4,508 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59801, Missoula, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,893 (100%) |
| Owner Occupied HU | 6,176 (38.9%) |
| Renter Occupied HU | 8,819 (55.5%) |
| Vacant Housing Units | 898 ( 5.7%) |
| Median Home Value | $455,842 |
| Average Home Value | $524,008 |
Housing Distribution
Address Breakdown
Residential
14,819
Single Family
14,139
Multi-Family
680
Businesses
1,440
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
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59801, Missoula, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,893 (100%) |
| Owner Occupied HU | 6,176 (38.9%) |
| Renter Occupied HU | 8,819 (55.5%) |
| Vacant Housing Units | 898 ( 5.7%) |
| Median Home Value | $455,842 |
| Average Home Value | $524,008 |
Housing Distribution
Address Breakdown
Residential
14,819
Single Family
14,139
Multi-Family
680
Businesses
1,440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Lynn Miller • Engel & Vlkers Western Frontier - Stevensville
Mls Name: MRMLS
Mls Provider:
Mls ID: #30034515
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.