1845 Norma Jean Sq EBillingsMT59101
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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 1845 Norma Jean Sq E, Billings, MT, 59101 offers a 9.74% rental yield on a $273,359 purchase with $2,218/mo rent. Total monthly income registers $2,218/mo, and a $1,338/mo payment leaves $620/mo available for distribution. Annual cash flow reaches $7,444/yr on $90,619 to close, and return on cash invested stands at 28.12% in year one. Equity gained on principal adds $1,764/yr while 5% annual appreciation supports $75,524 over five years. Portfolio math shows five-year ROI at 146.47% and total cumulative return in cash at $132,732. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $1,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1,001 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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