2115 North DrButteMT59701
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
Investment Highlights
Rental property for sale in Butte at 2115 North Dr, Butte, MT, 59701 generates $1,974/mo in rent, after a $1,757/mo payment. Total monthly income is $1,974/mo. Return on cash invested sits at 18.66% in year one, and rental yield is 6.6% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 95.68% and total cumulative return in cash sums $113,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly M Bitz • Engel & Vlkers Western Frontier - Missoula
Mls Name: MRMLS
Mls Provider:
Mls ID: #30054712
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.