$50,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Wheatland, MO 65779
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 1970Year Built
- 0.35Acres
- MLS# 60325877
- Residential Income
- Other
- Active
- Approx Time on Market5 days
- AreaHickory
- CountyHickory
- Subdivision Hickory-not In List
Overview
🏠🏠 **2 Houses. 1 Price. And a whole lotta upside.**Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here.Two mobile homes selling together for just **$50,000**. One currently rented to a long-term tenant at **$300/month**, and the other recently vacant after bringing in **$300/month** as well. That's $600/month gross potential right out of the gate, and there's still room to push rents, make improvements, and increase returns.📈 Current income potential💰 Strong cap rate at asking price🔨 Value-add opportunity through updates and rent increases🏡 Long-term tenant already in place📍 Close to Lucas Oil Speedway and Pomme de Terre LakeWhether you're looking for your first investment property or another addition to the portfolio, deals under $50k with existing income are getting harder and harder to find.Not flashy. Not fancy. Just the kind of property investors quietly buy while everybody else is chasing the next shiny thing.📞 Give me a call before somebody else runs the numbers.
Association Fees / Info
Hoa: No
Building Info
Construction: No
Roof: Metal
Construction Materials: Metal
Exterior Features
Financial
Net Operating Income: 5,001
Som Sub Lease: No
Som Security Deposit: No Deposit Required
Total Actual Rent: 300,600
Garage / Parking
Green / Env Info
Interior Features
Lot Info
Acres: 0.35
Marina Info
Misc
Historical District: No
Insidecitylimits: Yes
Other
2 Bed Units: 2.00
Foreclosure: No
Property Info
Year Built: 1970
Road Surface: Asphalt
Zoning: ~
County: Hickory
Rental Info
Lease Term: Monthly
Room Info
Sqft Info
Som Sqft Finished and Unfinished: Less than 1100
Tax Info
Tax Legal Description: Block 4 Lots 4 & 5 Town Of Wheatland
Tax Year: 2023
Tax Amount Annual: 91.13
Tax Provided By: Assessor Records
Unit Info
Total Units: 2
Utilities / Hvac
Sewer: Public Sewer
Cooling: Window Unit(s)
Utilities: Electricity Available, Sewer Available, High Speed Internet
Water Source: City
Heating: Other
Waterfront / Water
Waterfront View: None
Lake River: None
Directions
54 West to Clark Street South to Property on LeftListings courtesy of Akins Realty
Listings courtesy of Southern Missouri Regional MLS as distributed by MLS GRID. The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange ("IDX") of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Landmark Brokers are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR© that have not been displayed on this site. Southern Missouri Regional MLS, LLC.