104 N Broadway UNIT 405BillingsMT59101
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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
Investment property for sale in Billings at 104 N Broadway UNIT 405, Billings, MT, 59101 listed at $539,900 pairs $2,004/mo rent with a $2,643/mo payment. Total monthly income runs $2,004/mo. Return on cash invested measures 9.08% in year one, and rental yield registers 4.45% at a $539,900 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,164 by year five. Five-year ROI tracks 45.48% and total cumulative return in cash totals $80,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,004/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1904
N/A lot
$N/A/sqft
$473 monthly 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: Wayne Wilcox • Century 21 Hometown Brokers
Mls Name: BMTMLS
Mls Provider:
Mls ID: #353788
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.