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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 96

Forsyth, MO, 65653

2 bd2 ba1,106 sqftBuilt 1989

Listing courtesy of Murney Associates - Primrose · (417) 823-2300 · MLS# SOM60336050

List price

$185,000

$167/sqft

Listing description
Picture starting your morning with coffee on your private balcony while looking directly across Lake Taneycomo. The view is open and unobstructed, with nothing between you and the lake or dock. It is peaceful, beautiful, and the kind of view that may quickly become your favorite part of the day.Inside, this move-in ready 2-bedroom, 2-bath condo has been refreshed with a cleaner, more modern look. Updates include new lighting, fresh paint in select areas, new flooring and toilets in both bathrooms, and a new stove. The dining area provides a comfortable place for everyday meals or visits with friends, while the kitchen offers plenty of cabinet and counter space and flows easily into the living room.From the living room, step outside to a patio overlooking the lake, woods, and path to the shoreline. Instead of facing other condo buildings, your view is filled with nature. The patio is also easy to reach from the parking area using either the steps or ramp, making it simple to bring in groceries or head outside to relax.Both bedrooms are comfortably sized, and the generously sized laundry room provides valuable extra storage. One of the community pools is conveniently located nearby.Life here can be as relaxing or active as you choose. Spend an afternoon fishing from the dock, launch your boat, cool off in one of three outdoor pools, or gather around the lakeside fire pit as the sun goes down. Residents also enjoy recreation areas and a clubhouse. Boat slips and covered parking may be available for separate purchase but are not included in the sale.Taneycomo Terrace does not allow rentals, and the POA helps maintain the community for an easier, low-maintenance lifestyle. Groceries, restaurants, and everyday services are nearby in Forsyth, with Branson's shopping, dining, and entertainment about 30 minutes away.Come see the view in person and picture what life could look like in this comfortable lake-view retreat.
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

-$345

Cap rate

4.2%

Cash-on-cash

-11.2%

DSCR

0.65

Est. annual revenue$14,451
Property tax($842)
Insurance($740)
Utilities($0)
HOA($3,312)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($6,772)
Net operating income$7,679
Down payment$37,000
Loan amount$148,000
Monthly payment (P&I)$984.65
Annual debt service($11,816)
Annual cash flow-$4,137

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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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