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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 241

Forsyth, MO, 65653

2 bd2 ba1,301 sqftBuilt 1996

Listing courtesy of Keller Williams Local · (417) 883-4900 · MLS# SOM60333540

List price

$190,000

$146/sqft

Listing description
LAKE VIEW, WALK-IN, FURNISHED & PRIVATE GARAGE! Enjoy easy lake living from this spacious 2-bedroom, 2-bath condo in Taneycomo Terrace overlooking beautiful Lake Taneycomo. Located in Building 9, this desirable walk-in, upper-level condo offers an elevated view without the hassle of stairs. Step inside to a spacious living area with cathedral ceiling, abundant built-in cabinetry and plenty of room for entertaining or simply relaxing and enjoying the view. The covered outdoor living space provides a wonderful spot for morning coffee, evening relaxation and taking in the peaceful lake and Ozarks scenery. The generous primary suite, second bedroom and full guest bath provide comfortable accommodations for owners and guests, while the separate laundry area and extensive storage make full- or part-time living easy. Even better, this condo is being offered furnished, allowing the next owner to begin enjoying it right away. A recently replaced A/C system adds peace of mind, and the private one-car garage with convenient covered walkway access is a tremendous bonus. Taneycomo Terrace offers a peaceful setting just minutes from the conveniences of Forsyth and an easy drive to Branson. Whether you're looking for a full-time residence or your own low-maintenance Ozarks getaway, Unit 241 offers the space, view and convenience you've been waiting for. Bring your suitcase and start enjoying lake life!
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

-$393

Cap rate

3.9%

Cash-on-cash

-12.4%

DSCR

0.61

Est. annual revenue$14,451
Property tax($948)
Insurance($760)
Utilities($0)
HOA($3,444)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($7,030)
Net operating income$7,421
Down payment$38,000
Loan amount$152,000
Monthly payment (P&I)$1,011.26
Annual debt service($12,135)
Annual cash flow-$4,714

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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.

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