228 E 3rd Ave NColumbusMT59019
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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 Columbus at 228 E 3rd Ave N, Columbus, MT, 59019 offers $2,597/mo rent that, after a $1,537/mo payment, leaves $762/mo cash flow. Total monthly income is $2,597/mo, and annual cash flow is $9,140/yr on $104,091 cash. Return on cash invested measures 28.69% in year one, and rental yield stands at 9.92% at a $314,000 entry. Equity gained on principal adds $2,026/yr while 5% annual appreciation compounds into $86,752 by year five. Five-year ROI records 149.48% and total cumulative return in cash reaches $155,595. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,597/mo property income versus a $1,537/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59019, Columbus, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,863 (100%) |
| Owner Occupied HU | 1,400 (75.1%) |
| Renter Occupied HU | 283 (15.2%) |
| Vacant Housing Units | 180 ( 9.7%) |
| Median Home Value | $356,790 |
| Average Home Value | $426,002 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,262
Multi-Family
23
Businesses
172
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