508 North RdHot SpringsMT59845
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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 Hot Springs at 508 North Rd, Hot Springs, MT, 59845 offers $1,978/mo rent that, after a $1,953/mo payment. Total monthly income is $1,978/mo. Return on cash invested measures 16.7% in year one, and rental yield stands at 5.95% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 85.16% and total cumulative return in cash reaches $112,634. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,978/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59845, Hot Springs, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 716 (100%) |
| Owner Occupied HU | 421 (58.8%) |
| Renter Occupied HU | 194 (27.1%) |
| Vacant Housing Units | 101 (14.1%) |
| Median Home Value | $257,447 |
| Average Home Value | $348,209 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
64
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Listed by: Charlie Scott • HomeSmart Realty Partners
Mls Name: MRMLS
Mls ID: #30060392