1147 Eldora LnBillingsMT59105
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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 1147 Eldora Ln, Billings, MT, 59105 uses $87,848 cash to close to unlock $2,955/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $1,297/mo payment keeps the spread at $246/mo. Purchase price stands at $265,000, and rental yield measures 8.13% with $1,795/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 120.47% and total cumulative return in cash records $105,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.27 Acres 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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