2242 Silver Lake RoadBillingsMO65610
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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 2242 Silver Lake Road, Billings, MO, 65610 earns $84/mo cash flow from $1,304/mo rent with a $959/mo payment. Total monthly income totals $1,304/mo, and annual cash flow totals $1,006/yr on $64,941 capital. ROI tracks 21.46% on current figures, and rental yield reads 7.99% at a $195,900 purchase. Equity gained on principal adds $1,264/yr, and 5% annual appreciation supports $54,124 over five years. Five-year ROI reaches 111.21% and total cumulative return in cash sums $72,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,304/mo property income instead of your personal income.
Single Family
Built in 1912
5 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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