512 S 83rd St WBillingsMT59106
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
Rental property for sale in Billings at 512 S 83rd St W, Billings, MT, 59106 generates $2,364/mo in rent and, after a $1,810/mo payment, leaves $203/mo in cash flow. Total monthly income is $2,364/mo, and annual cash flow is $2,431/yr on $122,622 invested. Return on cash invested sits at 21.89% in year one, and rental yield is 7.67% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 113.03% and total cumulative return in cash sums $138,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
1.39 Acres lot
$N/A/sqft
No 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: Rebeca Weaver • Century 21 Hometown Brokers
Mls Name: BMTMLS
Mls Provider:
Mls ID: #351980
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.