3023 McBride StBillingsMT59102
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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 3023 McBride St, Billings, MT, 59102 listed at $449,900 pairs $2,797/mo rent with a $2,202/mo payment to leave $168/mo cash flow. Total monthly income runs $2,797/mo, and annual cash flow reaches $2,011/yr on $149,142 cash to close. Return on cash invested measures 21.26% in year one, and rental yield registers 7.46% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 109.63% and total cumulative return in cash totals $163,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,797/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.26 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: Bernadette Blaylock • Meridian Real Estate LLC
Mls Name: BMTMLS
Mls Provider:
Mls ID: #349307
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.