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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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18800 2nd Ave , Wheatland, MO 65779
$40,000
Est. Payment: $206.28/mo
0 Bed
1 Bath
0 Sqft
Status: Active | Days on site: 87
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519500023 - 519500371
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Tara Limbird, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Tara Limbird
Principal Broker | Operator
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House Description

2 Houses. 1 Price. And a whole lot of upside.Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here.Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper.One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. $600/month current gross income potential Third hookup ready for another home or RV/camper Strong cap rate at the asking price Value-add opportunity through updates and rent increases Long-term tenant already in place Corner lot with added flexibility Close to Lucas Oil Speedway and Pomme de Terre LakeWhether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting 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.
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Highlights

Listed by Nicholas Lemuel Henderson , (417) 840-6894 Akins Realty , (417) 993-5622. Southern Missouri Regional MLS, LLC.

Property Type

Multi-Family
Lot/Acreage
0.35

Year Built

1970

County

Hickory

 Neighborhood

Hickory-Not in List

 School District

Wheatland

Listing ID

60325877

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Water:City

Exterior Features

Zoning:~
Roof:Metal
Sewer:Public Sewer
Principal Interest
$206
Taxes
$8

Home Price

$40,000

Loan Details

30 yrs
6.69%

Down Payment

20%
$8,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$206.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $206.28 $7.59 $0.00 $213.87
Yearly $2,475.32 $91.13 $0.00 $2,566.45
Total $74,259.62 $2,733.90 $0.00 $76,993.52

Today's Rates

30 Year

6.69%

20 Year

6.49%

15 Year

6.16%

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Market insight data is pulled from the same city as the listing being viewed (Wheatland, MO).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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 Limbird Real Estate Group | PLACE are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ 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 contains 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. ©2026 Southern Missouri Regional MLS, LLC. All rights reserved.

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Data last updated: 2026-09-04T20:51:33.000Z

© 2026 Southern Missouri Regional MLS, LLC.