18800 2nd Avenue Wheatland, MO 65779

  • 0.35 acres
$50,000
  • MLS#60325877
  • Active

🏠🏠 **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.

School Information
  • Elementary School: Wheatland
  • Middle Or Junior School: Wheatland
  • High School: Wheatland
Income/Expenses
  • Yearly Net Operating Income: Price 5001 - 10000: Yes
Listing Information
  • Foreclosure/Short Sale: No
  • Transaction Type: Sale
  • Will Sell: Cash: Yes
  • Will Sell: Conventional: Yes
Building Information
  • New Construction: No
  • Year Built: 1970
Location/Region
  • County Or Parish: Hickory
  • Subdivision Name: Hickory-Not in List
Rent/Lease Information
  • Total Monthly Rent: 300600.0
  • Type of Tenancy: Monthly: true
Tax Information
  • Inside City Limits: Yes
  • RE Tax Provided By: Assessor Records
  • Tax Annual Amount: $91.13
General Information
  • Historical District: No
  • Parcel Number: 05-6.0-24-004-015-002.000
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Zoning: ~
Parking Information
  • Garage: No
Beds/Baths
  • Bathrooms Total: 0
General Information
  • Heating: Other - See Remarks
Unit Information
  • # Two Bedroom Units: 2.0
Lot Information
  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Square Feet: 15246.0
  • Lot Size Units: Acres
  • Water Source: City Water
Waterfront/View
  • General Property Description: Lake/River: None
  • Water Body Name: None
  • Waterfront View: None
  • Waterfront: No
General Information
  • Number Of Units Total: 2
  • Sewer: City Sewer
  • Streets: Asphalt: Yes
  • Utilities: Electricity: Yes
  • Utilities: High Speed Internet Access: Yes
  • Utilities: Sewer: Yes

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.

Owning this Home

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*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.