248 2nd Ave NSavageMT59262
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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 Savage at 248 2nd Ave N, Savage, MT, 59262 priced at $201,000 converts $1,998/mo rent into $823/mo cash flow after a $984/mo obligation. Total monthly income equals $1,998/mo, and annual cash flow totals $9,877/yr on $66,632 invested. Return on cash invested prints 34.73% in year one, and rental yield reads 11.93% against a $201,000 entry. Equity gained on principal adds $1,297/yr, while 5% annual appreciation compiles into $55,533 by year five. Five-year ROI reaches 181.95% and total cumulative return in cash sums $121,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,998/mo property income covering a $984/mo payment, not borrower’s personal income.
Single Family
Built in 1914
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59262, Savage, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 241 (60.1%) |
| Renter Occupied HU | 90 (22.4%) |
| Vacant Housing Units | 70 (17.5%) |
| Median Home Value | $356,579 |
| Average Home Value | $366,494 |
Housing Distribution
Address Breakdown
Residential
155
Single Family
155
Multi-Family
0
Businesses
20
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