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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 252

Forsyth, MO, 65653

2 bd2 ba1,283 sqftBuilt 1995

Listing courtesy of EXP Realty, LLC. · (816) 982-5990 · MLS# SOM60329850

List price

$215,000

$168/sqft

Listing description
***WALK IN LAKEVIEW CONDO in 55+ COMMUNITY***Discover your own peaceful lake retreat in renowned Taneycomo Terrace of Forsyth! This immaculate, furnished, and move-in-ready 2-bedroom, 2-bath lakeview condominium includes a private 1-car garage located just steps from the front door.The desirable walk-in-level floor plan is well suited for comfortable full-time or part-time living. French doors from both the living room and primary bedroom suite open onto a covered, north-facing deck overlooking Lake Taneycomo. Enjoy relaxing water views and refreshing shade throughout most of the day, with only a touch of late-afternoon sun.Inside, cheerful colors, neutral flooring, unique fixtures, and a relaxing lake-inspired atmosphere create a warm and inviting home. The primary bathroom features a jetted tub and shower combination, while the guest bathroom offers a convenient walk-in shower. Spacious laundry room with washer and dryer, and abundant storage add everyday functionality. All appliances and furnishings convey with the unit.Taneycomo Terrace offers a peaceful, wooded, and beautifully landscaped setting with private fishing docks, lake access, a private boat-launch ramp, three swimming pools, community rooms, and a fitness center. Nightly rentals are not permitted, helping preserve the quiet residential character of the community.Enjoy convenient access to Forsyth restaurants, shopping, and everyday necessities while remaining just a short drive from Branson's entertainment and attractions. Whether you are searching for a permanent residence or a relaxing part-time getaway, this well-maintained lakeview condo offers the lifestyle, location, and amenities you have been waiting for.
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

-$531

Cap rate

3.4%

Cash-on-cash

-14.8%

DSCR

0.54

Est. annual revenue$14,451
Property tax($938)
Insurance($860)
Utilities($0)
HOA($3,420)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($7,097)
Net operating income$7,355
Down payment$43,000
Loan amount$172,000
Monthly payment (P&I)$1,144.32
Annual debt service($13,732)
Annual cash flow-$6,377

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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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