620 N Nowlan AveGlendiveMT59330
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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 Glendive at 620 N Nowlan Ave, Glendive, MT, 59330 priced at $169,000 converts $1,306/mo rent into $318/mo cash flow after a $827/mo obligation. Total monthly income equals $1,306/mo, and annual cash flow totals $3,821/yr on $56,024 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 9.27% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 139.03% and total cumulative return in cash sums $77,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,306/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59330, Glendive, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,417 (59.7%) |
| Renter Occupied HU | 980 (24.2%) |
| Vacant Housing Units | 653 (16.1%) |
| Median Home Value | $239,762 |
| Average Home Value | $276,566 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,325
Multi-Family
142
Businesses
437
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