717 Alder Ave #506LaurelMT59044
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 Laurel at 717 Alder Ave #506, Laurel, MT, 59044 generates $1,644/mo in rent, after a $1,615/mo payment. Total monthly income is $1,644/mo. Return on cash invested sits at 16.79% in year one, and rental yield is 5.98% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 85.68% and total cumulative return in cash sums $93,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Multi Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59044, Laurel, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 3,765 (71.9%) |
| Renter Occupied HU | 1,240 (23.7%) |
| Vacant Housing Units | 228 ( 4.4%) |
| Median Home Value | $382,330 |
| Average Home Value | $452,008 |
Housing Distribution
Address Breakdown
Residential
4,910
Single Family
4,858
Multi-Family
52
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices