604 Morrison Ave #BBelgradeMT59714
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 604 Morrison Ave #B, Belgrade, MT, 59714 in Belgrade. Rental yield 6.39%. The 1.19 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $143,114 and $4,771/yr in principal reduction project total return of $178,450.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.2% |
| Monthly Cash Flow | $(267) | $850 |
City averages based on Belgrade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $2,821 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59714, Belgrade, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,896 (67.5%) |
| Renter Occupied HU | 2,631 (25.7%) |
| Vacant Housing Units | 692 ( 6.8%) |
| Median Home Value | $630,225 |
| Average Home Value | $770,323 |
Housing Distribution
Address Breakdown
Residential
9,478
Single Family
9,422
Multi-Family
56
Businesses
1,163
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
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59714, Belgrade, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,896 (67.5%) |
| Renter Occupied HU | 2,631 (25.7%) |
| Vacant Housing Units | 692 ( 6.8%) |
| Median Home Value | $630,225 |
| Average Home Value | $770,323 |
Housing Distribution
Address Breakdown
Residential
9,478
Single Family
9,422
Multi-Family
56
Businesses
1,163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices