38 Broadwater AveBillingsMT59101
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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 38 Broadwater Ave, Billings, MT, 59101 priced at $140,000 converts $1,107/mo rent into $289/mo cash flow after a $685/mo obligation. Total monthly income equals $1,107/mo, and annual cash flow totals $3,468/yr on $46,410 invested. Return on cash invested prints 27.38% in year one, and rental yield reads 9.49% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 142.44% and total cumulative return in cash sums $66,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,107/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1910
5,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59101, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,415 (100%) |
| Owner Occupied HU | 10,461 (53.9%) |
| Renter Occupied HU | 7,557 (38.9%) |
| Vacant Housing Units | 1,397 ( 7.2%) |
| Median Home Value | $368,897 |
| Average Home Value | $424,860 |
Housing Distribution
Address Breakdown
Residential
18,485
Single Family
17,553
Multi-Family
932
Businesses
2,408
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