1028 Competition AveBillingsMT59105
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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 1028 Competition Ave, Billings, MT, 59105 generates $2,478/mo in rent and, after a $1,566/mo payment, leaves $608/mo in cash flow. Total monthly income is $2,478/mo, and annual cash flow is $7,297/yr on $106,047 invested. Return on cash invested sits at 26.79% in year one, and rental yield is 9.3% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 139.33% and total cumulative return in cash sums $147,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,478/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
5,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59105, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,483 (100%) |
| Owner Occupied HU | 9,860 (68.1%) |
| Renter Occupied HU | 3,815 (26.3%) |
| Vacant Housing Units | 808 ( 5.6%) |
| Median Home Value | $374,775 |
| Average Home Value | $409,000 |
Housing Distribution
Address Breakdown
Residential
13,800
Single Family
13,406
Multi-Family
394
Businesses
770
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