1226 Cottonwood Blvd UNIT 21BillingsMT59105
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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 1226 Cottonwood Blvd UNIT 21, Billings, MT, 59105 earns $286/mo cash flow from $2,249/mo rent with a $1,505/mo payment. Total monthly income totals $2,249/mo, and annual cash flow totals $3,427/yr on $101,936 capital. ROI tracks 23.27% on current figures, and rental yield reads 8.78% at a $307,500 purchase. Equity gained on principal adds $1,984/yr, and 5% annual appreciation supports $84,957 over five years. Five-year ROI reaches 121.15% and total cumulative return in cash sums $123,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,249/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$165 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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Listed by: Cotti Bushfield • Meridian Real Estate LLC
Mls Name: BMTMLS
Mls Provider:
Mls ID: #350439
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.