708 Washington StMiles 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
Rental property for sale in Miles City at 708 Washington St, Miles City, MT, 59301 offers $1,483/mo rent that, after a $1,221/mo payment, leaves $25/mo cash flow. Total monthly income is $1,483/mo, and annual cash flow is $300/yr on $82,709 cash. Return on cash invested measures 20.27% in year one, and rental yield stands at 7.13% at a $249,500 entry. Equity gained on principal adds $1,610/yr while 5% annual appreciation compounds into $68,932 by year five. Five-year ROI records 104.33% and total cumulative return in cash reaches $86,289. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,483/mo property income versus a $1,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
5,662 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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Nearby investment properties with comparable prices
Listed by: Echo Jo Venn • Dave Smith Realty
Mls Name: Eastern Montana BOR
Mls ID: #342897
Disclaimer: Copyright Eastern Montana MLS. All rights reserved. Information is deemed reliable but not guaranteed.