2305 Briggs StMissoulaMT59803
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2305 Briggs St, Missoula, MT, 59803 in Missoula is a solid income-producing rental, 8.98% gross yield, $3,367/mo rent, $737/mo net cash flow on a $450,000 buy. DSCR 1.66 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $124,327 and $4,145/yr in principal reduction project a total cumulative return of $217,440.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $737 | $1,250 |
City averages based on Missoula market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,367 |
| Total Monthly Debt Service | $2,451 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
9,844 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
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
Single Family
Built in 1965
9,844 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brint P Wahlberg • Windermere R E Missoula
Mls Name: MRMLS
Mls Provider:
Mls ID: #30043740
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.