240 Canary LnBozemanMT59715
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 240 Canary Ln, Bozeman, MT, 59715 in Bozeman worth modelling. At $850,000 with a 7.07% gross yield, the $5,010/mo rent leaves $40/mo after the $3,822/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.31 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $234,839 by year five; $7,829/yr in principal reduction adds further equity. Total projected return: $323,650.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 4.2% |
| Monthly Cash Flow | $40 | $1,850 |
City averages based on Bozeman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,010 |
| Total Monthly Debt Service | $4,632 |
| DSCR Ratio | 1.08x |
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 1991
1.08 Acres lot
$N/A/sqft
$23 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59715, Bozeman, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,733 (100%) |
| Owner Occupied HU | 8,456 (47.7%) |
| Renter Occupied HU | 7,674 (43.3%) |
| Vacant Housing Units | 1,603 ( 9.0%) |
| Median Home Value | $816,641 |
| Average Home Value | $926,073 |
Housing Distribution
Address Breakdown
Residential
15,653
Single Family
14,358
Multi-Family
1,295
Businesses
1,951
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 1991
1.08 Acres lot
$N/A/sqft
$23 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59715, Bozeman, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,733 (100%) |
| Owner Occupied HU | 8,456 (47.7%) |
| Renter Occupied HU | 7,674 (43.3%) |
| Vacant Housing Units | 1,603 ( 9.0%) |
| Median Home Value | $816,641 |
| Average Home Value | $926,073 |
Housing Distribution
Address Breakdown
Residential
15,653
Single Family
14,358
Multi-Family
1,295
Businesses
1,951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richie Pemberton • Windermere Great Divide-Bozeman
Mls Name: Big Sky Country MLS
Mls ID: #401811
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.