348 Jib LnLakesideMT59922
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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 Lakeside at 348 Jib Ln, Lakeside, MT, 59922 generates $4,259/mo in rent, after a $6,363/mo payment. Total monthly income is $4,259/mo. Return on cash invested sits at 8.94% in year one, and rental yield is 3.93% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 44.17% and total cumulative return in cash sums $186,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,259/mo property income rather than buyer’s personal income.
Condo
Built in 2007
4,443 sqft lot
$N/A/sqft
$2,014 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59922, Lakeside, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 853 (60.2%) |
| Renter Occupied HU | 238 (16.8%) |
| Vacant Housing Units | 326 (23.0%) |
| Median Home Value | $894,375 |
| Average Home Value | $1,046,967 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
522
Multi-Family
3
Businesses
120
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Listed by: Sue Ann Atkinson • PureWest Real Estate - Lakeside
Mls Name: MRMLS
Mls Provider:
Mls ID: #30038066
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.