600 Cole DrRed LodgeMT59068
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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 Red Lodge at 600 Cole Dr, Red Lodge, MT, 59068 offers $4,998/mo rent that, after a $4,307/mo payment. Total monthly income is $4,998/mo. Return on cash invested measures 19.38% in year one, and rental yield stands at 6.82% at a $879,900 entry. Equity gained on principal adds $5,678/yr while 5% annual appreciation compounds into $243,100 by year five. Five-year ROI records 99.54% and total cumulative return in cash reaches $288,145. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,998/mo property income versus a $4,307/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.38 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59068, Red Lodge, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,011 (100%) |
| Owner Occupied HU | 1,388 (46.1%) |
| Renter Occupied HU | 518 (17.2%) |
| Vacant Housing Units | 1,105 (36.7%) |
| Median Home Value | $507,908 |
| Average Home Value | $679,272 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
422
Multi-Family
24
Businesses
310
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Listed by: Polly Kovash • Metro, REALTORS L.L.P
Mls Name: BMTMLS
Mls Provider:
Mls ID: #352482
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.