1229 Avenue EBillingsMT59102
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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 1229 Avenue E, Billings, MT, 59102 generates $2,455/mo in rent and, after a $1,640/mo payment, leaves $497/mo in cash flow. Total monthly income is $2,455/mo, and annual cash flow is $5,961/yr on $111,053 invested. Return on cash invested sits at 25.28% in year one, and rental yield is 8.79% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 131.18% and total cumulative return in cash sums $145,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,455/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,701 sqft 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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