Real Estate Investing in Billings, Missouri (65610)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65610 (Billings, MO)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 33.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Billings, MO (65610)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 65610 Billings
ZIP 65610 inside Christian County looks affordable on the surface — median value of $352K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 65610 is sturdy only for operators who understand what they are buying. A $352K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 65610 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A robust renter share of 10% in 65610 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 65610 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Billings:
Property Strategy for 65610
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $212,166 | $960 | 3.3% | +9.4% | $106,083 |
| 3BR | $325,351 | $1,320 | 2.9% | +10.4% | $108,450 |
Market Trends
Home Value History (with trend line)
📊 How Does 65610 Compare?
| Metric | 65610 | Billings | Springfield, MO | Missouri |
|---|---|---|---|---|
| Home Value | $351,844 | $351,844 | N/A | $254,657 |
| 5-Year CAGR | 8.2% | 8.2% | N/A | 7.0% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65610 (Billings, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $351,844 |
| Monthly Rent | $864 |
| Price-to-Rent | 33.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 65610
Population: 5,475
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 65610
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are rental rates like in Billings, MO?
Billings, MO rentals go for roughly $864/mo a month. That puts gross yield in solid territory relative to $352K acquisition costs.
How should investors approach Billings, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Billings, MO. With home values at $352K and rents near $864/mo, other strategies can work but produce reliable rather than outsized returns.
How strong is Billings, MO for real estate investors?
Our data puts Billings, MO at 3.0/5 for investability. Home prices of $352K and rents around $864/mo create a solid backdrop for investor activity.
Are there empty rentals in Billings, MO?
Vacancy risk in Billings, MO is elevated. That supports reliable cash flow for typical rental holds.
How strong is the working-renter base in Billings, MO?
Tenant quality in Billings, MO ranks as solid. Landlords generally report stable occupancy at market rents of $864/mo.
You know 65610 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65610 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 65610 ranks in Springfield, MO
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