608 5th AveLaurelMT59044
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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 Laurel at 608 5th Ave, Laurel, MT, 59044 generates $1,487/mo in rent, after a $1,268/mo payment. Total monthly income is $1,487/mo. Return on cash invested sits at 19.53% in year one, and rental yield is 6.89% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 100.36% and total cumulative return in cash sums $86,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,487/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59044, Laurel, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 3,765 (71.9%) |
| Renter Occupied HU | 1,240 (23.7%) |
| Vacant Housing Units | 228 ( 4.4%) |
| Median Home Value | $382,330 |
| Average Home Value | $452,008 |
Housing Distribution
Address Breakdown
Residential
4,910
Single Family
4,858
Multi-Family
52
Businesses
401
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Listed by: Pius Schenker • Parks Real Estate
Mls Name: BMTMLS
Mls Provider:
Mls ID: #349529
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.