519 E Mendenhall St #2BozemanMT59715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bozeman at 519 E Mendenhall St #2, Bozeman, MT, 59715 priced at $1,242,000 converts $6,631/mo rent into after a $6,079/mo obligation. Total monthly income equals $6,631/mo. Return on cash invested prints 17.53% in year one, and rental yield reads 6.41% against a $1,242,000 entry. Equity gained on principal adds $8,014/yr, while 5% annual appreciation compiles into $343,142 by year five. Five-year ROI reaches 89.87% and total cumulative return in cash sums $361,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,631/mo property income covering a $6,079/mo payment, not borrower’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59715, Bozeman, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,733 (100%) |
| Owner Occupied HU | 8,456 (47.7%) |
| Renter Occupied HU | 7,674 (43.3%) |
| Vacant Housing Units | 1,603 ( 9.0%) |
| Median Home Value | $816,641 |
| Average Home Value | $926,073 |
Housing Distribution
Address Breakdown
Residential
15,653
Single Family
14,358
Multi-Family
1,295
Businesses
1,951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices