34 Two Mile Bridge RdRed 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 34 Two Mile Bridge Rd, Red Lodge, MT, 59068 offers a 8.4% rental yield on a $469,700 purchase with $3,287/mo rent. Total monthly income registers $3,287/mo, and a $2,299/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,273/yr on $155,706 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $3,031/yr while 5% annual appreciation supports $129,769 over five years. Portfolio math shows five-year ROI at 124.04% and total cumulative return in cash at $193,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,287/mo property income against a $2,299/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2020
0.63 Acres lot
$N/A/sqft
$19 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: Heather Quinn • C Mor Red Lodge Real Estate
Mls Name: BMTMLS
Mls Provider:
Mls ID: #349106
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.