102 Riverside RdBillingsMT59101
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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 Billings at 102 Riverside Rd, Billings, MT, 59101 priced at $259,000 pairs $2,393/mo rent with $868/mo cash flow after a $1,268/mo payment. Total monthly income equals $2,393/mo, and annual cash flow comes to $10,421/yr on $85,859 invested. Return on cash invested is 32.05% in year one, and rental yield stands at 11.09% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 167.55% and total cumulative return in cash reaches $143,860. For financing, Ziffy Mortgage’s DSCR program evaluates $2,393/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1931
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59101, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,415 (100%) |
| Owner Occupied HU | 10,461 (53.9%) |
| Renter Occupied HU | 7,557 (38.9%) |
| Vacant Housing Units | 1,397 ( 7.2%) |
| Median Home Value | $368,897 |
| Average Home Value | $424,860 |
Housing Distribution
Address Breakdown
Residential
18,485
Single Family
17,553
Multi-Family
932
Businesses
2,408
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Listed by: M. Andrew Bleth • Tyree Real Estate, Inc.
Mls Name: BMTMLS
Mls Provider:
Mls ID: #354022
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.