Turn-Key Short-Term Rental
For Sale
$599,000
605 Moon Valley Road, Ozark, MO 65721
Two independently operated rental units on one parcel, sold furnished and professionally managed with documented 2022–2025 income.
Property Size3,224 SF
Price / SF$185.79
Days on Market243
Property Features for 605 Moon Valley Road
General Information
Standard status
Active
Size
3,224 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,685
Amenities
Central Air
3
Dishwasher, Washer, Range/Oven Free Standing, Dryer, Exhaust Fan/Hood
Pantry, Window Drapes-curtains
Storm Window
Fiberglass
Barbed Wire
Rear Porch, Covered, Screened-in
Parking.
3 Garage Spaces. Parking Pad, Garage, Paved Driveway, Driveway, Private, RV Parking.
Metal, Brick, Vinyl, Concrete
Panoramic
Gas Grill, Rain Gutters. County Road, Acreage, Clear lot.
Building Details
Year Built
2005
Listing Agency:
EXP Realty, LLC.
(816) 982-5990
Listed By:
Justin Hannaford
(682) 433-6920
Source:
Xome
Added: Jan 9
Changed: Sep 1
Last Checked: Sep 8 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC.
Investment Insights
Based on property information with market context.
Showings are by appointment only. This turn-key short-term rental property includes two income-producing units on one parcel: a spacious main residence and a separate barndominium. The main home is approximately 2,400 square feet with 3 bedrooms and 2.5 bathrooms, and the co-located barndominium operates as a second independent rental unit.
The property is set on a private acreage setting just minutes from Ozark and Springfield. Both units are actively operating as vacation rentals with documented, proven income from 2022–2025, and the property is being sold fully furnished.
The sale includes established furnishings, decor, systems, and active listings, along with 100% professional management. Income documentation and additional details are available upon request, and future bookings and operational continuity may transfer subject to management terms.
The property is set on a private acreage setting just minutes from Ozark and Springfield. Both units are actively operating as vacation rentals with documented, proven income from 2022–2025, and the property is being sold fully furnished.
The sale includes established furnishings, decor, systems, and active listings, along with 100% professional management. Income documentation and additional details are available upon request, and future bookings and operational continuity may transfer subject to management terms.
Key Highlights
- Two independently operated rental units on one parcel: main home plus separate barndominium, both operating as vacation rentals.
- Main residence offers approx. 2,400 SF with 3 bedrooms and 2.5 bathrooms, designed for group stays and extended visits.
- Documented 2022–2025 rental income reported for the property; income documentation available upon request.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,063
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$521,260
$521.3K
Cap Rate 7%
$372,329
$372.3K
Cap Rate 9%
$289,589
$289.6K
Market Conditions
NOI Build-Up for 3,224 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.7K $15.72/SF
− Vacancy
−$3.3K −$1.02/SF
EGI
$47.4K $14.70/SF
− OpEx
−$21.3K −$6.61/SF
NOI
$26.1K $8.08/SF
Area
Christian County, MO
Vacancy
6.50%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$521,260
Cap Rate 7%
$372,329
Cap Rate 9%
$289,589
Alternative Uses
Best Use
Apartment 5plus
$372.3K
$325.8K – $434.4K
NOI $26,063 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$486.6K
$425.8K – $567.7K
NOI $34,062 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 65721, MO
32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two independently operated rental units on one parcel, sold furnished and professionally managed with documented 2022–2025 income.
Where is this short term rental property located?
The property is located at 605 Moon Valley Road Ozark, MO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two independently operated rental units on one parcel: main home plus separate barndominium, both operating as vacation rentals.; Main residence offers approx. 2,400 SF with 3 bedrooms and 2.5 bathrooms, designed for group stays and extended visits.; Documented 2022–2025 rental income reported for the property; income documentation available upon request.
