2820 Boulder 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 2820 Boulder Ave, Billings, MT, 59102 generates $2,921/mo in rent, after a $2,692/mo payment. Total monthly income is $2,921/mo. Return on cash invested sits at 18.07% in year one, and rental yield is 6.37% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 92.54% and total cumulative return in cash sums $167,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,921/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.38 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: Melissa Walter • 4 Seasons Real Estate
Mls Name: BMTMLS
Mls Provider:
Mls ID: #354729
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.