700 Bluegrass PlBillingsMT59106
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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 700 Bluegrass Pl, Billings, MT, 59106 generates $6,386/mo in rent, after a $8,663/mo payment. Total monthly income is $6,386/mo. Return on cash invested sits at 12.09% in year one, and rental yield is 4.33% on a $1,770,000 entry. Equity gained on principal adds $11,422/yr, while 5% annual appreciation builds toward $489,018 over five years. Five-year ROI reaches 60.33% and total cumulative return in cash sums $346,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1.87 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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