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ACTIVEmanufacturedvia mls

500 Wallace Drive

Rockaway Beach, MO, 65740

3 bd2 ba1,296 sqftBuilt 2001

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60326328

List price

$224,000

2% price cut$229,000

$173/sqft

Listing description
Forget everything you think you know about manufactured homes -- this remodeled three-bedroom, two-bathroom charmer is here to politely shatter your expectations.From the moment you walk through the door, the updates speak for themselves. Sleek quartz countertops pair beautifully with custom shaker-style cabinets, creating a kitchen that's equal parts functional and photogenic. Brand-new appliances make meal prep feel less like a chore and more like a flex. Throughout the home, luxury vinyl plank flooring ties everything together with effortless style.Both bathrooms received the full glow-up treatment, featuring custom showers, fresh toilets, new vanities, and updated faucets. Thoughtful feature walls add bursts of personality, turning ordinary spaces into conversation starters. And because beauty should be more than skin deep, the plumbing has been updated throughout, with a new heating and cooling system and water heater both installed in 2021. Translation: the big-ticket items are already handled.This one-level layout offers convenient single-floor living. Even the exterior earns applause, dressed up with handmade shutters that add genuine curb appeal. Tinkerers and hobbyists, take note: the garage comes wired with 220 power and is vented, ready for shop conversion whenever inspiration strikes.Tucked just minutes from Branson, you'll have endless shopping, dining, and entertainment practically at your fingertips. Big-city excitement meets small-town tranquility -- the best of both worlds.Move-in ready and dressed to impress, this gem won't wait around.
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

-$533

Cap rate

3.5%

Cash-on-cash

-14.3%

DSCR

0.55

Est. annual revenue$10,941
Property tax($714)
Insurance($896)
Utilities($0)
HOA($0)
Management($875)
Maintenance reserve($547)
Total operating expenses($3,033)
Net operating income$7,908
Down payment$44,800
Loan amount$179,200
Monthly payment (P&I)$1,192.22
Annual debt service($14,307)
Annual cash flow-$6,399

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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.

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