3229 Jack Burke LnBillingsMT59106
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
Investment property for sale in Billings at 3229 Jack Burke Ln, Billings, MT, 59106 uses $154,148 cash to close to unlock $819/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $2,795/mo, and a $2,276/mo payment keeps the spread at $68/mo. Purchase price stands at $465,000, and rental yield measures 7.21% with $2,795/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash records $162,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,795/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.25 Acres lot
$N/A/sqft
$9 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miranda Wilson • Real Estate Hub LLLP
Mls Name: BMTMLS
Mls Provider:
Mls ID: #352293
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.