40 Spruce DrMiles CityMT59301
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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 Miles City at 40 Spruce Dr, Miles City, MT, 59301 earns from $2,202/mo rent with a $2,340/mo payment. Total monthly income totals $2,202/mo. ROI tracks 14.79% on current figures, and rental yield reads 5.53% at a $478,000 purchase. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,063 over five years. Five-year ROI reaches 75.16% and total cumulative return in cash sums $119,089. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,202/mo property income instead of your personal income.
Single Family
Built in 1976
0.25 Acres lot
$N/A/sqft
$40 month HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59301, Miles City, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,248 (100%) |
| Owner Occupied HU | 3,087 (58.8%) |
| Renter Occupied HU | 1,513 (28.8%) |
| Vacant Housing Units | 648 (12.3%) |
| Median Home Value | $250,935 |
| Average Home Value | $310,801 |
Housing Distribution
Address Breakdown
Residential
4,992
Single Family
4,843
Multi-Family
149
Businesses
685
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Listed by: Heather Altenhofen • Lesh & Company
Mls Name: Eastern Montana BOR
Mls ID: #342893
Disclaimer: Copyright Eastern Montana MLS. All rights reserved. Information is deemed reliable but not guaranteed.