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ACTIVEmanufacturedvia mls

6008 Spruce Avenue

Merriam Woods, MO, 65740

2 bd1 ba792 sqftBuilt 1972

Listing courtesy of Keller Williams · (417) 883-4900 · MLS# SOM60317688

List price

$94,000

$119/sqft

Listing description
Affordable living near Lake Taneycomo! This 2 bedroom, 1 bath mobile home at 6008 Spruce Ave in Merriam Woods sits on an excellent corner lot with nearly half an acre, offering space and convenience in a peaceful setting close to the lake. The home features an open floor plan with a spacious living room highlighted by a beamed ceiling and a wall of built-in shelving that adds both character and functionality. The kitchen and dining area include durable tile flooring along with a refrigerator, microwave, and stove, creating a practical space for everyday living and entertaining. Two comfortable bedrooms share a full hall bathroom that can be accessed from the hallway or through the primary bedroom for added convenience. Laundry hookups are located in the hallway as well. Outside, the property offers a 2 car garage plus an additional carport, providing plenty of covered parking and storage. The large corner lot gives room to spread out, enjoy the outdoors, or add future improvements. With quick access to Lake Taneycomo and an affordable price point, this property is a great opportunity for buyers seeking a full time residence, weekend getaway, or investment property in the Branson area. Home to be sold in as-is condition.
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$75

Cap rate (all-in)

4.2%

Cash-on-cash

-1.9%

DSCR

0.85

Est. annual revenue$7,375
Property tax($940)
Insurance($376)
Utilities($0)
HOA($0)
Management($590)
Maintenance reserve($369)
Total operating expenses($2,275)
Net operating income$5,100
Down payment$18,800
Renovation budget$27,720
Total cash invested$46,520
All-in cost$121,720
Loan amount$75,200
Monthly payment (P&I)$500.31
Annual debt service($6,004)
Annual cash flow-$904

This listing reads as a fixer, so we seeded a rough renovation budget to keep the cap rate honest — the low list price isn't a bargain if it needs work. It's only an estimate; replace it with a contractor bid to see your real return.

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Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

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