59 E Park St #203ButteMT59701
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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 Butte at 59 E Park St #203, Butte, MT, 59701 generates $1,842/mo in rent, after a $1,828/mo payment. Total monthly income is $1,842/mo. Return on cash invested sits at 16.61% in year one, and rental yield is 5.92% on a $373,500 entry. Equity gained on principal adds $2,410/yr, while 5% annual appreciation builds toward $103,191 over five years. Five-year ROI reaches 84.7% and total cumulative return in cash sums $104,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,842/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59701, Butte, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,257 (100%) |
| Owner Occupied HU | 10,355 (60.0%) |
| Renter Occupied HU | 5,210 (30.2%) |
| Vacant Housing Units | 1,692 ( 9.8%) |
| Median Home Value | $238,215 |
| Average Home Value | $334,147 |
Housing Distribution
Address Breakdown
Residential
15,993
Single Family
15,036
Multi-Family
957
Businesses
1,343
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