623 Carter CtMissoulaMT59801
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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 Missoula at 623 Carter Ct, Missoula, MT, 59801 priced at $399,900 converts $2,068/mo rent into after a $1,957/mo obligation. Total monthly income equals $2,068/mo. Return on cash invested prints 16.48% in year one, and rental yield reads 6.21% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 84.34% and total cumulative return in cash sums $111,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,068/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2002
4,617 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59801, Missoula, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,893 (100%) |
| Owner Occupied HU | 6,176 (38.9%) |
| Renter Occupied HU | 8,819 (55.5%) |
| Vacant Housing Units | 898 ( 5.7%) |
| Median Home Value | $455,842 |
| Average Home Value | $524,008 |
Housing Distribution
Address Breakdown
Residential
14,819
Single Family
14,139
Multi-Family
680
Businesses
1,440
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Listed by: Benjamin Goble • Soula Realty
Mls Name: MRMLS
Mls Provider:
Mls ID: #30035682
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.