118 Evergreen CircleBillingsMO65610
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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 118 Evergreen Circle, Billings, MO, 65610 generates $1,528/mo in rent and, after a $1,076/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $1,906/yr on $72,897 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 8.34% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 116.9% and total cumulative return in cash sums $85,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65610, Billings, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,302 (100%) |
| Owner Occupied HU | 1,867 (81.1%) |
| Renter Occupied HU | 311 (13.5%) |
| Vacant Housing Units | 124 ( 5.4%) |
| Median Home Value | $308,128 |
| Average Home Value | $348,041 |
Housing Distribution
Address Breakdown
Residential
2,183
Single Family
2,167
Multi-Family
16
Businesses
98
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