2909 Elderberry Ave #7Red LodgeMT59068
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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 Red Lodge at 2909 Elderberry Ave #7, Red Lodge, MT, 59068 uses $145,031 cash to close to unlock $5,897/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $3,133/mo, and a $2,141/mo payment keeps the spread at $491/mo. Purchase price stands at $437,500, and rental yield measures 8.59% with $3,133/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $120,873 over five years. Five-year ROI reaches 124.46% and total cumulative return in cash records $180,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,133/mo property income covering a $2,141/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
1,167 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59068, Red Lodge, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,011 (100%) |
| Owner Occupied HU | 1,388 (46.1%) |
| Renter Occupied HU | 518 (17.2%) |
| Vacant Housing Units | 1,105 (36.7%) |
| Median Home Value | $507,908 |
| Average Home Value | $679,272 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
422
Multi-Family
24
Businesses
310
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Listed by: Mikayla Kovash • Metro, REALTORS L.L.P
Mls Name: BMTMLS
Mls Provider:
Mls ID: #350466
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