738 Forestglen Dr APT ABozemanMT59718
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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 Bozeman at 738 Forestglen Dr APT A, Bozeman, MT, 59718 priced at $515,000 converts $3,043/mo rent into after a $2,521/mo obligation. Total monthly income equals $3,043/mo. Return on cash invested prints 19.11% in year one, and rental yield reads 7.09% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 98.5% and total cumulative return in cash sums $166,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,043/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$167 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59718, Bozeman, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,663 (100%) |
| Owner Occupied HU | 11,632 (51.3%) |
| Renter Occupied HU | 9,000 (39.7%) |
| Vacant Housing Units | 2,031 ( 9.0%) |
| Median Home Value | $674,274 |
| Average Home Value | $744,545 |
Housing Distribution
Address Breakdown
Residential
21,471
Single Family
20,826
Multi-Family
645
Businesses
1,607
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Listed by: Everdawn Charles • Keller Williams Montana Realty
Mls Name: Big Sky Country MLS
Mls ID: #404586
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.