515 Montecito AveBillingsMT59105
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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 515 Montecito Ave, Billings, MT, 59105 priced at $489,900 converts $3,018/mo rent into $155/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,018/mo, and annual cash flow totals $1,855/yr on $162,402 invested. Return on cash invested prints 21.05% in year one, and rental yield reads 7.39% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 108.52% and total cumulative return in cash sums $176,237. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,018/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 59105, Billings, MT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,483 (100%) |
| Owner Occupied HU | 9,860 (68.1%) |
| Renter Occupied HU | 3,815 (26.3%) |
| Vacant Housing Units | 808 ( 5.6%) |
| Median Home Value | $374,775 |
| Average Home Value | $409,000 |
Housing Distribution
Address Breakdown
Residential
13,800
Single Family
13,406
Multi-Family
394
Businesses
770
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