2920 40th St WBillingsMT59106
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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 2920 40th St W, Billings, MT, 59106 generates $3,658/mo in rent and, after a $2,374/mo payment, leaves $819/mo in cash flow. Total monthly income is $3,658/mo, and annual cash flow is $9,830/yr on $160,778 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 9.05% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 135.21% and total cumulative return in cash sums $217,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
10,545 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59106, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,695 (100%) |
| Owner Occupied HU | 6,651 (68.6%) |
| Renter Occupied HU | 2,518 (26.0%) |
| Vacant Housing Units | 526 ( 5.4%) |
| Median Home Value | $574,002 |
| Average Home Value | $649,808 |
Housing Distribution
Address Breakdown
Residential
9,667
Single Family
9,297
Multi-Family
370
Businesses
301
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Listed by: Daniel Patterson • Berkshire Hathaway HS Floberg
Mls Name: BMTMLS
Mls Provider:
Mls ID: #353928
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.