2244 Briggs StMissoulaMT59803
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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 Missoula at 2244 Briggs St, Missoula, MT, 59803 offers $2,653/mo rent that, after a $2,589/mo payment. Total monthly income is $2,653/mo. Return on cash invested measures 16.86% in year one, and rental yield stands at 6.02% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 86.06% and total cumulative return in cash reaches $149,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,653/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59803, Missoula, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,013 (100%) |
| Owner Occupied HU | 5,111 (72.9%) |
| Renter Occupied HU | 1,637 (23.3%) |
| Vacant Housing Units | 265 ( 3.8%) |
| Median Home Value | $571,139 |
| Average Home Value | $631,999 |
Housing Distribution
Address Breakdown
Residential
6,980
Single Family
6,940
Multi-Family
40
Businesses
128
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Listed by: Lori Ann Schrader-Young • Flathead Lake Realty, Inc.
Mls Name: MRMLS
Mls Provider:
Mls ID: #30035930
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.