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ACTIVEsingle familyvia mls

1538 State Highway Y

Forsyth, MO, 65653

4 bd2 ba3,518 sqftBuilt 1970

List price

$450,000

Exterior
Financial analysis

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

Monthly cash flow

$210

Cap rate

7.0%

Cash-on-cash

2.8%

DSCR

1.09

Est. annual revenue$58,218
Stays / year67
Property tax($1,134)
Insurance($2,250)
Utilities($3,000)
HOA($0)
Management($11,644)
Maintenance reserve($2,911)
Cleaning($6,023)
Net operating income$31,257
Down payment$90,000
Loan amount$360,000
Monthly payment (P&I)$2,395.09
Annual debt service($28,741)
Annual cash flow$2,516
Break-even occupancy51.3%

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Listing description
High on the cliffs above Lake Taneycomo, there's a home in Forsyth that feels like the kind of place you always wanted to go back to. The kind of house where the driveway meant you'd arrived somewhere safe, familiar, and full of stories. From the road, its inviting curb appeal feels like a warm welcome, but it's what happens when you step inside that truly brings back that comforting, ''grandma's house'' feeling, the sense that life slows down here and memories are meant to be made.With just over 3,500 sq. ft, this home has room for everyone, whether it's quiet mornings or lively gatherings. The open kitchen and dining area feel like the heart of the home, where conversations linger over coffee and meals stretch long into the evening. New quartz countertops shine softly in the light pouring through almost all new windows, and the fireplace insert adds a gentle warmth that makes you want to curl up and stay awhile. The sunroom quickly becomes a favorite spot, where you can watch the lake shimmer below and the rolling hills change with the seasons, especially as the sun sets in a way that simply has to be seen to be believed.The layout offers four bedrooms, two bathrooms, and three comfortable living areas, giving everyone their own space while still feeling connected. Downstairs, the walk out basement feels like a home within a home, complete with a large bedroom, living area, and kitchenette perfect for guests, extended family, or those long visits that always seem to turn into cherished traditions. Outside, the fenced backyard invites laughter, pets, and peaceful evenings, while a reverse osmosis water system quietly adds modern comfort to everyday life.This home sits close to everything that makes Forsyth special. Shadow Rock Park and the Bull Shoals Dam are just minutes away, offering easy escapes into nature, while Branson's shows, dining, and shopping are a short drive when you're in the mood for something lively. Sunset showings are the best.

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.