711 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
Rental property for sale in Miles City at 711 S Merriam Ave, Miles City, MT, 59301 offers $1,217/mo rent that, after a $920/mo payment, leaves $71/mo cash flow. Total monthly income is $1,217/mo, and annual cash flow is $849/yr on $62,335 cash. Return on cash invested measures 21.27% in year one, and rental yield stands at 7.77% at a $188,038 entry. Equity gained on principal adds $1,213/yr while 5% annual appreciation compounds into $51,951 by year five. Five-year ROI records 110.05% and total cumulative return in cash reaches $68,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $920/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
6,141 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: N/A • N/A
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Mls ID: #N/A