289 Gamble RoadBillingsMO65610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 289 Gamble Road, Billings, MO, 65610 priced at $150,000 converts $1,142/mo rent into $208/mo cash flow after a $734/mo obligation. Total monthly income equals $1,142/mo, and annual cash flow totals $2,496/yr on $49,725 invested. Return on cash invested prints 24.93% in year one, and rental yield reads 9.14% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 129.77% and total cumulative return in cash sums $64,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,142/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
2.70 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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Nearby investment properties with comparable prices
Listed by: Cortney Smith • Cantrell Real Estate
Mls Name: SOMOMLS
Mls Provider:
Mls ID: #60298524
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