305 Michael Grove Ave APT EBozemanMT59718
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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 Bozeman at 305 Michael Grove Ave APT E, Bozeman, MT, 59718 offers $2,448/mo rent that, after a $1,566/mo payment, leaves $448/mo cash flow. Total monthly income is $2,448/mo, and annual cash flow is $5,376/yr on $106,080 cash. Return on cash invested measures 24.98% in year one, and rental yield stands at 9.18% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 130.08% and total cumulative return in cash reaches $137,991. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,448/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59718, Bozeman, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,663 (100%) |
| Owner Occupied HU | 11,632 (51.3%) |
| Renter Occupied HU | 9,000 (39.7%) |
| Vacant Housing Units | 2,031 ( 9.0%) |
| Median Home Value | $674,274 |
| Average Home Value | $744,545 |
Housing Distribution
Address Breakdown
Residential
21,471
Single Family
20,826
Multi-Family
645
Businesses
1,607
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Listed by: Samantha Fish • REAL Broker
Mls Name: Big Sky Country MLS
Mls ID: #401761
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.