112 Sky Ranch DrBillingsMT59106
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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 112 Sky Ranch Dr, Billings, MT, 59106 offers $3,311/mo rent that, after a $3,548/mo payment. Total monthly income is $3,311/mo. Return on cash invested measures 13.93% in year one, and rental yield stands at 5.48% at a $724,900 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,277 by year five. Five-year ROI records 70.85% and total cumulative return in cash reaches $168,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,311/mo property income versus a $3,548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$292 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59106, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,695 (100%) |
| Owner Occupied HU | 6,651 (68.6%) |
| Renter Occupied HU | 2,518 (26.0%) |
| Vacant Housing Units | 526 ( 5.4%) |
| Median Home Value | $574,002 |
| Average Home Value | $649,808 |
Housing Distribution
Address Breakdown
Residential
9,667
Single Family
9,297
Multi-Family
370
Businesses
301
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Listed by: Polly Kovash • Metro, REALTORS L.L.P
Mls Name: BMTMLS
Mls Provider:
Mls ID: #353778
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.