2102 Hoover AveBillingsMT59102
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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 2102 Hoover Ave, Billings, MT, 59102 priced at $389,999 pairs $2,878/mo rent with $578/mo cash flow after a $1,909/mo payment. Total monthly income equals $2,878/mo, and annual cash flow comes to $6,940/yr on $129,285 invested. Return on cash invested is 25.28% in year one, and rental yield stands at 8.86% on a $389,999 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 131.27% and total cumulative return in cash reaches $169,712. For financing, Ziffy Mortgage’s DSCR program evaluates $2,878/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.31 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: Samantha Best • REAL Broker
Mls Name: BMTMLS
Mls Provider:
Mls ID: #348184
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.