2711 Glenwood LnBillingsMT59102
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
Rental property for sale in Billings at 2711 Glenwood Ln, Billings, MT, 59102 priced at $334,700 converts $1,672/mo rent into after a $1,638/mo obligation. Total monthly income equals $1,672/mo. Return on cash invested prints 16.84% in year one, and rental yield reads 5.99% against a $334,700 entry. Equity gained on principal adds $2,160/yr, while 5% annual appreciation compiles into $92,471 by year five. Five-year ROI reaches 85.97% and total cumulative return in cash sums $95,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,672/mo property income covering a $1,638/mo payment, not borrower’s personal income.
Single Family
Built in 1947
7,422 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