222 6th Ave NEChoteauMT59422
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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 Choteau at 222 6th Ave NE, Choteau, MT, 59422 generates $1,573/mo in rent, after a $1,346/mo payment. Total monthly income is $1,573/mo. Return on cash invested sits at 19.46% in year one, and rental yield is 6.86% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 99.97% and total cumulative return in cash sums $91,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,573/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59422, Choteau, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,452 (100%) |
| Owner Occupied HU | 827 (57.0%) |
| Renter Occupied HU | 345 (23.8%) |
| Vacant Housing Units | 280 (19.3%) |
| Median Home Value | $285,952 |
| Average Home Value | $373,328 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
300
Multi-Family
46
Businesses
165
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