34 E Summit StButteMT59701
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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 34 E Summit St, Butte, MT, 59701 generates $1,770/mo in rent and, after a $1,366/mo payment, leaves $139/mo in cash flow. Total monthly income is $1,770/mo, and annual cash flow is $1,667/yr on $92,489 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 7.61% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 112.04% and total cumulative return in cash sums $103,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Single Family
Built in 1885
5,009 sqft lot
$N/A/sqft
No 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: Ken Edwards • Price Real Estate
Mls Name: MRMLS
Mls Provider:
Mls ID: #30051999
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.