6061 Canyonwoods DrBillingsMT59106
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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
Investment property for sale in Billings at 6061 Canyonwoods Dr, Billings, MT, 59106 uses $262,871 cash to close to unlock $1,043/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $4,757/mo, and a $3,911/mo payment keeps the spread at $87/mo. Purchase price stands at $799,000, and rental yield measures 7.14% with $4,757/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash records $276,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,757/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.33 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
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