1048 Picador WayBillingsMT59105
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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 1048 Picador Way, Billings, MT, 59105 uses $86,286 cash to close to unlock $13,096/yr annual cash flow and $1,091/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $1,274/mo payment keeps the spread at $1,091/mo. Purchase price stands at $260,289, and rental yield measures 13.31% with $2,886/mo rent. Return on cash invested shows 35.09% in year one, and 5% annual appreciation builds toward $71,913 over five years. Five-year ROI reaches 185.2% and total cumulative return in cash records $159,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $1,274/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
10,000 sqft lot
$N/A/sqft
$250 monthly 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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