215 E 2nd St #8Red LodgeMT59068
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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
Investment property for sale in Red Lodge at 215 E 2nd St #8, Red Lodge, MT, 59068 earns from $2,760/mo rent with a $2,198/mo payment. Total monthly income totals $2,760/mo. ROI tracks 18.18% on current figures, and rental yield reads 7.38% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 94.15% and total cumulative return in cash sums $140,140. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59068, Red Lodge, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,011 (100%) |
| Owner Occupied HU | 1,388 (46.1%) |
| Renter Occupied HU | 518 (17.2%) |
| Vacant Housing Units | 1,105 (36.7%) |
| Median Home Value | $507,908 |
| Average Home Value | $679,272 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
422
Multi-Family
24
Businesses
310
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Listed by: Tara Wolf • Tara Wolf Realty, LLC
Mls Name: BMTMLS
Mls Provider:
Mls ID: #354816
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.