ACTIVEmanufacturedvia mls

355 Tulip Road

Kimberling City, MO, 65686

3 bd2 ba1,008 sqftBuilt 1974

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60328553

List price

$280,000

$278/sqft

Listing description

Lakefront life is a little sweeter at 355 Tulip Rd., where affordable waterfront living, walk-to-the-water convenience, a coveted 10x28 boat slip, & endless Table Rock memories are waiting!Welcome to your own affordable walk-to-the-water retreat on beautiful Table Rock Lake! Tucked into one of the area's most lake-loving communities, this exceptionally maintained 3BR, 1.5BA home offers peaceful lake views, rustic Ozarks charm, & the easygoing lake lifestyle you've been dreaming about. Even better? A coveted 10x28 boat slip on a 2-stall dock is available for add $, just a golf cart ride away w/ ample parking & an easy walk to the dock, making lake days effortless for the kiddos, fur babies, & all your guests. Inside, discover a spacious living area centered around a charming decorative hearth, dining w/ lake views, ample storage in kitchen & laundry & a comfortable floorplan designed for gathering after long days on the water. Outside is where this property truly shines! Sip your morning coffee on the screened side deck as cool lake breezes drift through the trees, then end the day gathered around the property's original stone fire pit, watching fireflies dance along the gentle shoreline beneath a canopy of stars. An adorable storage shed also offers space for all the fishing gear, tools, etc. By water, cruise to waterfront restaurants, explore quiet coves, cast a line in renowned fishing holes, or make memories at the area's popular rope swings & swimming spots. By land, you're less than 15 min to Kimberling City for local boutiques, spas, eateries, & Port of Kimberling Marina, approx 20 min to Branson West & Walmart for all your daily conveniences, & only 30 min to Branson's world-class shopping, dining, & entertainment. Affordable walk-to-the-water opportunities w/ an available 10x28 boat slip are becoming increasingly rare on Table Rock Lake. Claim your front-row seat to lake life at 355 Tulip Dr. before summer slips away!

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

-$1,083

Cap rate

1.8%

Cash-on-cash

-23.2%

DSCR

0.27

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$10,267

Property tax($2,800)

Insurance($1,120)

Utilities($0)

HOA($120)

Management($821)

Maintenance reserve($513)

Total operating expenses($5,375)

Net operating income$4,892

Down payment$56,000

Loan amount$224,000

Monthly payment (P&I)$1,490.28

Annual debt service($17,883)

Annual cash flow-$12,991

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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.