53 Road 240GlendiveMT59330
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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 Glendive at 53 Road 240, Glendive, MT, 59330 generates $2,432/mo in rent, after a $2,423/mo payment. Total monthly income is $2,432/mo. Return on cash invested sits at 16.54% in year one, and rental yield is 5.9% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 84.3% and total cumulative return in cash sums $138,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,432/mo property income rather than buyer’s personal income.
Manufactured
Built in 2014
2.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59330, Glendive, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,417 (59.7%) |
| Renter Occupied HU | 980 (24.2%) |
| Vacant Housing Units | 653 (16.1%) |
| Median Home Value | $239,762 |
| Average Home Value | $276,566 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,325
Multi-Family
142
Businesses
437
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