305 N Alaska St UNIT N-1BButteMT59701
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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 Butte at 305 N Alaska St UNIT N-1B, Butte, MT, 59701 priced at $193,060 converts $1,259/mo rent into after a $945/mo obligation. Total monthly income equals $1,259/mo. Return on cash invested prints 17.99% in year one, and rental yield reads 7.83% against a $193,060 entry. Equity gained on principal adds $1,246/yr, while 5% annual appreciation compiles into $53,339 by year five. Five-year ROI reaches 93.71% and total cumulative return in cash sums $59,977. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,259/mo property income covering a $945/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$233 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59701, Butte, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,257 (100%) |
| Owner Occupied HU | 10,355 (60.0%) |
| Renter Occupied HU | 5,210 (30.2%) |
| Vacant Housing Units | 1,692 ( 9.8%) |
| Median Home Value | $238,215 |
| Average Home Value | $334,147 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
15,036
Multi-Family
957
Businesses
1,343
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Listed by: Bonnie Hawke • Berkshire Hathaway - Butte
Mls Name: Big Sky Country MLS
Mls ID: #397895
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.