ACTIVEcondovia mls

3 Woodpecker Lane, Unit 1

Branson, MO, 65616

2 bd2 ba864 sqftBuilt 1994

Listing courtesy of Ozark Mountain Realty Group, LLC · (417) 213-5516 · MLS# SOM60319238

List price

$200,500

$232/sqft

Listing description

Welcome to Lantern Bay Condominiums, where comfort, convenience, and scenic beauty come together. This beautifully maintained 2-bedroom, 2-bath condo offers a fresh, relaxing interior with thoughtful finishes and a warm, inviting atmosphere--perfect for personal use, a vacation getaway, or investment opportunity. Step inside to an open and airy living space featuring updated flooring, a cozy fireplace, and abundant natural light. The private deck extends your living space outdoors, where you can unwind and take in peaceful views of Table Rock Lake--ideal for morning coffee or evening relaxation. The spacious primary suite offers comfort and privacy, while the second bedroom and full bath provide flexibility for guests. Currently operating as a successful nightly rental, this property is truly turnkey and ready to continue generating income. Lantern Bay amenities enhance the lifestyle with a community swimming pool, tennis courts, children's play area, walking and biking trails, and included trash services--everything you need for easy, low-maintenance living. Whether you're looking for a lake retreat, full-time residence, or income-producing property, this condo checks all the boxes in one of the area's most desirable communities.

Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Monthly cash flow

-$612

Cap rate

2.7%

Cash-on-cash

-18.3%

DSCR

0.43

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$28,207

Stays / year58

Property tax($1,102)

Insurance($1,003)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($4,500)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($22,741)

Net operating income$5,467

Down payment$40,100

Loan amount$160,400

Monthly payment (P&I)$1,067.15

Annual debt service($12,806)

Annual cash flow-$7,339

Break-even occupancy71.9%

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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.