740 Lower Continental Dr UNIT 10Red LodgeMT59068
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
Investment property for sale in Red Lodge at 740 Lower Continental Dr UNIT 10, Red Lodge, MT, 59068 listed at $389,900 pairs $2,682/mo rent with a $1,908/mo payment to leave $404/mo cash flow. Total monthly income runs $2,682/mo, and annual cash flow reaches $4,843/yr on $129,252 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 8.25% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 122.5% and total cumulative return in cash totals $158,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,682/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2000
845.06 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59068, Red Lodge, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,011 (100%) |
| Owner Occupied HU | 1,388 (46.1%) |
| Renter Occupied HU | 518 (17.2%) |
| Vacant Housing Units | 1,105 (36.7%) |
| Median Home Value | $507,908 |
| Average Home Value | $679,272 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
422
Multi-Family
24
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices