223 Custer AveBillingsMT59101
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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 223 Custer Ave, Billings, MT, 59101 priced at $315,000 converts $2,292/mo rent into $451/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,292/mo, and annual cash flow totals $5,409/yr on $104,423 invested. Return on cash invested prints 25.09% in year one, and rental yield reads 8.73% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 130.16% and total cumulative return in cash sums $135,917. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,292/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1916
6,969 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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