About This Home
This 3-bedroom, 1-bathroom single family at 2959 Us Highway 60 N in Billings, MO is listed for $199,900 ($137 per sqft). Built in 1960, the home offers 1,456 sqft of living space on a 1.70 acres lot.
Key Features
- Built in 1960
- 1.70 acre lot
Property Details
Amenities
Rare income-producing parcel on 1.7 acres in Billings, MO with three separate revenue streams under one deed. Includes a 1,456 sq ft 3-bedroom, 1-bath home (built 1960), a detached 2-car garage/shop, and 10 RV/camper pads -- 4 of which are currently rented at $250-$300/mo, producing $1,150/mo in current income.
Active rental demand from prospects waiting on vacancies.Christian County has confirmed the property is compliant under current regulations (10-pad cap). Property sits outside both Billings and Republic city limits -- no additional municipal restrictions.The 10 lots have their own dedicated septic system.
House and pads share water; electric runs on 3 separate meters (house, garage/shop, pad cluster). The house septic was replaced 2-3 years ago.The home is a complete rehab project -- roof, siding, windows, flooring, HVAC, kitchen, and bath. Bring your contractor.
Estimated rehab budget $55K-$75K.Post-rehab and full stabilization, the property pencils to a 16%+ cap rate on purchase price with strong cash-on-cash returns and meaningful BRRR potential. Highway 60 frontage. Tenants handle yard maintenance. Sold strictly as-is. Cash, hard money, or commercial financing required.Full investor pro forma available on request.
Monthly Cost Estimate
$1,069/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2959 Us Highway 60 N
Billings, MO 65610
Highway Acres
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 2959 Us Highway 60 N is listed at $199,900 ($137/sqft). The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 1.70 acre lot.
This property is listed by Zachary Albers and can be reached at 4178942016.
