1842 Avenue DBillingsMT59102
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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 1842 Avenue D, Billings, MT, 59102 offers $1,988/mo rent that, after a $1,674/mo payment. Total monthly income is $1,988/mo. Return on cash invested measures 19.69% in year one, and rental yield stands at 6.98% at a $342,000 entry. Equity gained on principal adds $2,207/yr while 5% annual appreciation compounds into $94,488 by year five. Five-year ROI records 101.28% and total cumulative return in cash reaches $114,826. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,988/mo property income versus a $1,674/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,681 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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Listed by: Kelley Armstrong • eXp Realty, LLC - Billings
Mls Name: BMTMLS
Mls Provider:
Mls ID: #352149
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.