703 S Merriam AveMiles CityMT59301
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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 Miles City at 703 S Merriam Ave, Miles City, MT, 59301 earns $94/mo cash flow from $1,552/mo rent with a $1,221/mo payment. Total monthly income totals $1,552/mo, and annual cash flow totals $1,128/yr on $82,709 capital. ROI tracks 21.27% on current figures, and rental yield reads 7.46% at a $249,500 purchase. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,932 over five years. Five-year ROI reaches 109.7% and total cumulative return in cash sums $90,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,552/mo property income instead of your personal income.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59301, Miles City, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,248 (100%) |
| Owner Occupied HU | 3,087 (58.8%) |
| Renter Occupied HU | 1,513 (28.8%) |
| Vacant Housing Units | 648 (12.3%) |
| Median Home Value | $250,935 |
| Average Home Value | $310,801 |
Housing Distribution
Address Breakdown
Residential
4,992
Single Family
4,843
Multi-Family
149
Businesses
685
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Listed by: Echo Jo Venn • Dave Smith Realty
Mls Name: Eastern Montana BOR
Mls ID: #342945
Disclaimer: Copyright Eastern Montana MLS. All rights reserved. Information is deemed reliable but not guaranteed.