ACTIVEmanufacturedvia mls

4026 Red Oak Road

Merriam Woods, MO, 65740

1 bd0 baBuilt 1985

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60316368

List price

$150,000

Listing description

Calling all handy folks, weekend warriors, and anyone who's ever watched a home renovation show and thought, 'I could totally do that.' Here's your chance!This double wide mobile home is what you might call a blank canvas -- and by blank canvas, we mean the exterior has been stripped down and is ready for whatever creative genius you bring to the table. Sitting on the property is a massive 46 by 34 foot shop building that's basically every hobbyist's dream come true. Whether you need space for woodworking, vehicle restoration, storage, or just a really impressive man cave, this shop has you covered. Seriously, you could fit a lot of ambition inside those walls.Nestled in the Ozarks community of Merriam Woods, you're just a stone's throw from Branson and all its famous shopping, dining, and entertainment options. Need a break from sanding drywall? World-class shows and restaurants are right down the road.This property is priced for the visionary buyer who isn't afraid of a little elbow grease and sees opportunity where others see a project. Grab your tool belt and come take a look before someone else beats you to it.Potential Seller Financing options available.Mobile home and shed on left hand side of property is sold under a seller financing contract and will be surveyed off at closing.Some photos are enhanced to remove snow cover.***USE CAUTION WHEN SHOWING PROPERTY***

This listing doesn't report square footage, so the income estimate couldn't be size-adjusted — treat the cap rate as approximate.

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

-$508

Cap rate

2.3%

Cash-on-cash

-20.3%

DSCR

0.36

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$5,829

Property tax($986)

Insurance($600)

Utilities($0)

HOA($0)

Management($466)

Maintenance reserve($291)

Total operating expenses($2,344)

Net operating income$3,485

Down payment$30,000

Loan amount$120,000

Monthly payment (P&I)$798.36

Annual debt service($9,580)

Annual cash flow-$6,095

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Talk to a Branson STR expert

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.