ACTIVEmulti familyvia mls

235 Evergreen Avenue, Unit A,B,C

Hollister, MO, 65672

6 bd6 ba2,632 sqftBuilt 1980

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60323780

List price

$175,000

10% price cut$195,000

$66/sqft

Listing description

235 Evergreen Street offers additional scale with THREE fully occupied 2-bedroom/2-bath/1.5 bath mobile homes (235A, 1981, 924sqft, 13x60 // 235B, 1982, 924sqft, 12x60 // 235C, 1985, 784sqft, 13x54)- plus an additional fifth-wheel lot generating rental income. (The fifth wheel tenant-owned/Propane Tenant-leased) While some deferred maintenance and cleanup remain, the property is currently producing consistent rental income with all units occupied.Adding to the appeal, Evergreen Street is positioned within the C-2 commercial district, offering additional flexibility and long-term investment potential.Affordable housing demand in the Hollister and Branson area remains strong, and properties in convenient locations like these often maintain high tenant interest and waiting lists.This property is also being marketed as a child listing connected to a larger parent investment opportunity (Parent MLS#60323775). Buyers interested in expanding their portfolio may also want to explore the parent listing, which includes this property along with an additional nearby property featuring 2 mobile homes fully occupied investment property. All Mobiles Are Affixed.

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

$372

Cap rate

8.9%

Cash-on-cash

12.8%

DSCR

1.40

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$20,799

Property tax($1,750)

Insurance($700)

Utilities($0)

HOA($0)

Management($1,664)

Maintenance reserve($1,040)

Total operating expenses($5,154)

Net operating income$15,645

Down payment$35,000

Loan amount$140,000

Monthly payment (P&I)$931.42

Annual debt service($11,177)

Annual cash flow$4,468

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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.

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 Keller Williams Tri-Lakes 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. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.