← New analysisCompare properties →
ACTIVEsingle familyvia mls

2010 State Highway Y

Forsyth, MO, 65653

3 bd1 ba1,060 sqftBuilt 1956

Listing courtesy of Red Cedar Land Company LLC · (417) 860-0896 · MLS# SOM60334370

List price

$222,500

$210/sqft

Listing description
Well-built, well-maintained and thoughtfully updated, this charming 3-bedroom, 1-bath home on 0.69 acre offers the character of an established home with many of the updates today's buyers appreciate. Step inside to find original hardwood floors through the living room and hallway, ceramic tile in the kitchen and mudroom, carpeted bedrooms and fresh interior paint. The kitchen features stainless steel appliances, attractive wood cabinetry and ample storage, while double-pane windows, a roof approximately 3 years old and HVAC less than a year old add peace of mind.Outside, the mostly level lot offers plenty of usable space with mature landscaping providing added privacy from the road and neighboring properties. Enjoy the back porch, which has been reinforced to accommodate a hot tub, or take advantage of the property's excellent setup for hobbies, storage and recreational vehicles. The detached one-car garage features 220V electric, a garage door opener and exterior electrical access, with approximately 35 feet of reinforced parking alongside the garage designed to accommodate an RV and provide convenient electric hookup. A separate 160 sq. ft. outbuilding with electric and workbench provides even more usable space.The home is served by a private well and public sewer and includes a water softener. Best of all, you're tucked into a convenient location just minutes from Lake Taneycomo boat access and Empire Park's walking trails, with Bull Shoals Lake access approximately 5 minutes away. Whether you're looking for a full-time home, a convenient lake-area retreat or simply a property with room for your boat, RV and outdoor lifestyle, this one packs an impressive amount of function into a manageable footprint--all just a short drive from Forsyth and Branson.
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

-$236

Cap rate

5.1%

Cash-on-cash

-6.4%

DSCR

0.80

Est. annual revenue$16,659
Property tax($2,225)
Insurance($890)
Utilities($0)
HOA($0)
Management($1,333)
Maintenance reserve($833)
Total operating expenses($5,281)
Net operating income$11,379
Down payment$44,500
Loan amount$178,000
Monthly payment (P&I)$1,184.24
Annual debt service($14,211)
Annual cash flow-$2,832

Numbers don't work?

Leave your email and we'll alert you if the price on this listing drops.

Ask about this property

Answers are grounded in local Branson knowledge — and will say when something needs to be confirmed with Sydney.

AI investment score

A 0–100 score with strengths, risks, and investor-fit — grounded in local Branson knowledge — runs on demand.

Email me this analysis

Get this analysis in your inbox — the numbers, plus a link back to tweak the assumptions any time.

We'll only use your email to send this report and follow up about Branson investing. No spam.

Talk to a Branson STR expert

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.

IDX & copyright information