FOR_SALERisky Deal240 days on market

5650 Canyonwoods Dr

5650 Canyonwoods Dr, Billings, MT 59106, Billings, MT 59106
$24,900,000

Listing Price

Property image 1
5650 Canyonwoods Dr, Billings, MT 59106
Loc: Billings, MT
Days Listed
240
Tax Assessed
$10954k
Lot Size
70.00 acres
Rent Estimate
$1,937/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Boulder Elementary School

PK-5
3.4 mi away
5

Ben Steele Middle School

6-8
2.3 mi away
5

Billings West High School

9-12
5.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
-0.65%
Total ROI
-55.2%
Cash Flow
$-142,640/mo
DSCR
-0.10
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-28Price change$24,900,000$807
2025-06-13Listed for sale$26,900,000$872
2021-03-18Sold$0
2021-02-09Pending sale$11,500,000$373
2021-02-09Contingent$11,500,000$373
2021-01-05Price change$11,500,000$373
2020-02-24Price change$13,950,000$452
2019-09-30Pending sale$16,500,000$535
2019-06-05Listed for sale$16,500,000$535

Tax History

YearProperty TaxTax Assessment
2025$170,353.03$10,954,097
2024$76,945.72$6,544,068
2023$76,025.69$6,544,068
2022$99,227.27$7,578,100
2021$94,372.24$7,578,100
2020$142,680.58$11,201,810
2019$143,936.12$11,201,810
2018$194,821.12$10,775,187
2017$184,138.19$10,341,767
2016$142,272.73$7,551,518
2015$142,272.73$2,805,385
2014$2,756.85$6,790
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
10
Baths
19
Sq Ft
30,843
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $24,900,000Rent Basis: Observed Comp Model ($1,937/mo)State Tax Benchmark: 0.84% (MT)Hazard Reserve: $7,263/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.65%

NOI: $-161,273/yr

Cash-on-Cash Yield
-29.9%

On $5,727,000 invested

DSCR Ratio
-0.10x

Negative debt coverage

5-Yr Leveraged ROI
+-55.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.84% of basis)-$7,668/mo
Homeowner / Hazard Insurance-$7,263/mo
Vacancy Reserve (5% of rent)-$97/mo
Repairs & Maintenance (10% of rent)-$194/mo
Property Management (8% of rent)-$155/mo
Total Pure Operating Expenses-$15,376/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,937/mo
Less: Operating Expenses-$15,376/mo
Net Operating Income (NOI)+$-13,439/mo
Less: Debt Service (30yr @ 6.75%)-$129,201/mo
Net Cash Flow
$-142,640/mo
$-1,711,681/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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