15 Memory LnBillingsMT59101
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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 15 Memory Ln, Billings, MT, 59101 priced at $194,900 converts $1,831/mo rent into $692/mo cash flow after a $954/mo obligation. Total monthly income equals $1,831/mo, and annual cash flow totals $8,302/yr on $64,609 invested. Return on cash invested prints 32.76% in year one, and rental yield reads 11.27% against a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,847 by year five. Five-year ROI reaches 171.29% and total cumulative return in cash sums $110,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,831/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1972
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59101, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,415 (100%) |
| Owner Occupied HU | 10,461 (53.9%) |
| Renter Occupied HU | 7,557 (38.9%) |
| Vacant Housing Units | 1,397 ( 7.2%) |
| Median Home Value | $368,897 |
| Average Home Value | $424,860 |
Housing Distribution
Address Breakdown
Residential
18,485
Single Family
17,553
Multi-Family
932
Businesses
2,408
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Listed by: Barbara Kent • Montana Roots Realty
Mls Name: BMTMLS
Mls Provider:
Mls ID: #349773
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.