3836 Sandpiper LnBillingsMT59102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 3836 Sandpiper Ln, Billings, MT, 59102 in Billings clears it at 1.74, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.36%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $29,010; $967/yr in principal equity; total projected return: $20,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $(340) | $200 |
City averages based on Billings market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $819 |
| Total Monthly Debt Service | $1,117 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
1,995 sqft lot
$N/A/sqft
$545 monthly 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
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
Single Family
Built in 1996
1,995 sqft lot
$N/A/sqft
$545 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Helmey • Montana Real Estate Brokers
Mls Name: BMTMLS
Mls Provider:
Mls ID: #354803
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.