615 N 8th StHamiltonMT59840
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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
Investment property for sale in Hamilton at 615 N 8th St, Hamilton, MT, 59840 offers a 6.09% rental yield on a $379,000 purchase with $1,925/mo rent. 62% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 79.92% and total cumulative return in cash at $100,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,925/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A lot
$N/A/sqft
$159 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59840, Hamilton, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,595 (100%) |
| Owner Occupied HU | 4,870 (64.1%) |
| Renter Occupied HU | 2,126 (28.0%) |
| Vacant Housing Units | 599 ( 7.9%) |
| Median Home Value | $476,762 |
| Average Home Value | $604,287 |
Housing Distribution
Address Breakdown
Residential
6,785
Single Family
6,552
Multi-Family
233
Businesses
915
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Listed by: Julie Fillingham • RE/MAX Advantage- Hamilton
Mls Name: MRMLS
Mls Provider:
Mls ID: #30045980
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.