1209 18th St W APT 1BillingsMT59102
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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 1209 18th St W APT 1, Billings, MT, 59102 uses $88,013 cash to close to unlock $8,649/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $2,272/mo, and a $1,299/mo payment keeps the spread at $721/mo. Purchase price stands at $265,500, and rental yield measures 10.27% with $2,272/mo rent. Return on cash invested shows 29.74% in year one, and 5% annual appreciation builds toward $73,353 over five years. Five-year ROI reaches 155.1% and total cumulative return in cash records $136,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,272/mo property income covering a $1,299/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59102, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,242 (100%) |
| Owner Occupied HU | 14,223 (61.2%) |
| Renter Occupied HU | 7,768 (33.4%) |
| Vacant Housing Units | 1,251 ( 5.4%) |
| Median Home Value | $374,317 |
| Average Home Value | $453,598 |
Housing Distribution
Address Breakdown
Residential
21,644
Single Family
19,970
Multi-Family
1,674
Businesses
2,001
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