3024 Golden Acres DrBillingsMT59106
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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 3024 Golden Acres Dr, Billings, MT, 59106 priced at $370,000 pairs $2,852/mo rent with $499/mo cash flow after a $1,811/mo payment. Total monthly income equals $2,852/mo, and annual cash flow comes to $5,993/yr on $122,655 invested. Return on cash invested is 24.8% in year one, and rental yield stands at 9.25% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 129.28% and total cumulative return in cash reaches $158,573. For financing, Ziffy Mortgage’s DSCR program evaluates $2,852/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2016
3,680 sqft lot
$N/A/sqft
$150 monthly 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: Greg Judson • Century 21 Hometown Brokers
Mls Name: BMTMLS
Mls Provider:
Mls ID: #352194
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.