621 2nd Ave SHot SpringsMT59845
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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 Hot Springs at 621 2nd Ave S, Hot Springs, MT, 59845 listed at $199,000 pairs $1,226/mo rent with a $974/mo payment to leave $63/mo cash flow. Total monthly income runs $1,226/mo, and annual cash flow reaches $755/yr on $65,969 cash to close. Return on cash invested measures 21.05% in year one, and rental yield registers 7.39% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 108.52% and total cumulative return in cash totals $71,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,226/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59845, Hot Springs, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 716 (100%) |
| Owner Occupied HU | 421 (58.8%) |
| Renter Occupied HU | 194 (27.1%) |
| Vacant Housing Units | 101 (14.1%) |
| Median Home Value | $257,447 |
| Average Home Value | $348,209 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
64
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Listed by: Charlie Scott • HomeSmart Realty Partners
Mls Name: MRMLS
Mls ID: #30060497