29 1st Ave SWChoteauMT59422
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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
Investment property for sale in Choteau at 29 1st Ave SW, Choteau, MT, 59422 with 5% annual appreciation on a $224,900 basis while $1,519/mo rent supports operations. Total monthly income totals $1,519/mo and a $1,101/mo payment preserves $204/mo for cash returns. Annual cash flow comes to $2,452/yr on $74,554 deployed, and return on cash invested reaches 23.2% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 8.1%. Five-year ROI measures 120.06% and total cumulative return in cash totals $89,509.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,519/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59422, Choteau, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,452 (100%) |
| Owner Occupied HU | 827 (57.0%) |
| Renter Occupied HU | 345 (23.8%) |
| Vacant Housing Units | 280 (19.3%) |
| Median Home Value | $285,952 |
| Average Home Value | $373,328 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
300
Multi-Family
46
Businesses
165
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Listed by: Andrea Greyn • Dustin Young and Company
Mls Name: MRMLS
Mls Provider:
Mls ID: #30026918
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.