Listing provided courtesy of Akins RealtyMLS# 60325877MLS Provider
  • 21 days on site
  • 3 views

🏠🏠 **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 Lake Whether 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.

Source: Southern Missouri MLS, MLS#: 60325877

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  • Property Type
    Residential Income
  • Lot
    0.35 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 18800 2nd Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/8/2026Source: Southern Missouri MLS Added to Database
June 08, 2026