1848 Saint Peter LnBillingsMT59101
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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 1848 Saint Peter Ln, Billings, MT, 59101 priced at $346,472 pairs $2,220/mo rent with $155/mo cash flow after a $1,696/mo payment. Total monthly income equals $2,220/mo, and annual cash flow comes to $1,858/yr on $114,855 invested. Return on cash invested is 21.53% in year one, and rental yield stands at 7.69% on a $346,472 basis. Equity gained on principal adds $2,236/yr, and 5% annual appreciation accumulates to $95,724 by year five. Five-year ROI measures 111.22% and total cumulative return in cash reaches $127,738. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $1,696/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
2,038 sqft lot
$N/A/sqft
$40 monthly 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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Listed by: Jerred Bies • McCall Real Estate
Mls Name: BMTMLS
Mls Provider:
Mls ID: #349097
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.