2230 Avenue CBillingsMT59102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2230 Avenue C, Billings, MT, 59102 earns $204/mo cash flow from $1,420/mo rent with a $1,018/mo payment. Total monthly income totals $1,420/mo, and annual cash flow totals $2,453/yr on $68,952 capital. ROI tracks 23.47% on current figures, and rental yield reads 8.19% at a $208,000 purchase. Equity gained on principal adds $1,342/yr, and 5% annual appreciation supports $57,467 over five years. Five-year ROI reaches 121.49% and total cumulative return in cash sums $83,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,420/mo property income instead of your personal income.
Condo
Built in 1976
496.58 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices