1833 Iris LnBillingsMT59102
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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 1833 Iris Ln, Billings, MT, 59102 earns from $5,118/mo rent with a $8,786/mo payment. Total monthly income totals $5,118/mo. ROI tracks 9.28% on current figures, and rental yield reads 3.42% at a $1,795,000 purchase. Equity gained on principal adds $11,583/yr, and 5% annual appreciation supports $495,925 over five years. Five-year ROI reaches 45.3% and total cumulative return in cash sums $263,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,118/mo property income instead of your personal income.
Single Family
Built in 2015
0.45 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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