704 Monroe StMissoulaMT59802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 704 Monroe St, Missoula, MT, 59802 offers $2,322/mo rent that, after a $1,908/mo payment, leaves $7/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $79/yr on $129,252 cash. Return on cash invested measures 19.97% in year one, and rental yield stands at 7.15% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 102.84% and total cumulative return in cash reaches $132,925. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59802, Missoula, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,796 (100%) |
| Owner Occupied HU | 4,887 (45.3%) |
| Renter Occupied HU | 5,443 (50.4%) |
| Vacant Housing Units | 466 ( 4.3%) |
| Median Home Value | $530,949 |
| Average Home Value | $570,590 |
Housing Distribution
Address Breakdown
Residential
9,870
Single Family
8,932
Multi-Family
938
Businesses
960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Loren Mostad • Windermere R E Missoula
Mls Name: MRMLS
Mls Provider:
Mls ID: #30046814
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.