1803 28th St WBillingsMT59102
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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 1803 28th St W, Billings, MT, 59102 uses $132,567 cash to close to unlock $12,101/yr annual cash flow and $1,008/mo monthly cash flow. Total monthly income runs $3,373/mo, and a $1,957/mo payment keeps the spread at $1,008/mo. Purchase price stands at $399,900, and rental yield measures 10.12% with $3,373/mo rent. Return on cash invested shows 29.04% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 151.45% and total cumulative return in cash records $200,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,373/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.28 Acres 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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Listed by: Nancy Brook • Billings Best Real Estate
Mls Name: BMTMLS
Mls Provider:
Mls ID: #351908
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.