2515 Lewis 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
Investment property for sale in Billings at 2515 Lewis Ave, Billings, MT, 59102 with 5% annual appreciation on a $354,900 basis while $2,269/mo rent supports operations. Total monthly income totals $2,269/mo and a $1,737/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,157/yr on $117,649 deployed, and return on cash invested reaches 21.74% in year one. Equity gained on principal adds $2,290/yr, and five-year appreciation sums $98,052 alongside rental yield of 7.67%. Five-year ROI measures 112.28% and total cumulative return in cash totals $132,100.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,269/mo property income versus a $1,737/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
8,820 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
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Listed by: Jalene Conlon • Synergy Realty Group
Mls Name: BMTMLS
Mls Provider:
Mls ID: #352443
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.