1525 Sullivan LnBillingsMT59106
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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 1525 Sullivan Ln, Billings, MT, 59106 priced at $765,000 converts $3,046/mo rent into after a $3,744/mo obligation. Total monthly income equals $3,046/mo. Return on cash invested prints 13.27% in year one, and rental yield reads 4.78% against a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation compiles into $211,355 by year five. Five-year ROI reaches 66.74% and total cumulative return in cash sums $167,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,046/mo property income covering a $3,744/mo payment, not borrower’s personal income.
Single Family
Built in 2011
9.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59106, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,695 (100%) |
| Owner Occupied HU | 6,651 (68.6%) |
| Renter Occupied HU | 2,518 (26.0%) |
| Vacant Housing Units | 526 ( 5.4%) |
| Median Home Value | $574,002 |
| Average Home Value | $649,808 |
Housing Distribution
Address Breakdown
Residential
9,667
Single Family
9,297
Multi-Family
370
Businesses
301
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Listed by: Kim McDermott • Century 21 Hometown Brokers
Mls Name: BMTMLS
Mls Provider:
Mls ID: #352392
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.