39 Broadwater Ave #2BillingsMT59101
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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 39 Broadwater Ave #2, Billings, MT, 59101 priced at $255,000 pairs $2,580/mo rent with $1,090/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,580/mo, and annual cash flow comes to $13,077/yr on $84,533 invested. Return on cash invested is 35.38% in year one, and rental yield stands at 12.14% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 185.35% and total cumulative return in cash reaches $156,680. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1915
6,490 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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