407 NE Us Highway 60BillingsMO65610
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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 407 NE Us Highway 60, Billings, MO, 65610 generates $2,184/mo in rent and, after a $1,561/mo payment, leaves $198/mo in cash flow. Total monthly income is $2,184/mo, and annual cash flow is $2,372/yr on $105,749 invested. Return on cash invested sits at 22.15% in year one, and rental yield is 8.22% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash sums $121,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.52 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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