ACTIVEcondovia mls

250 Lakewood Drive, Unit 5204

Hollister, MO, 65672

3 bd2 ba1,527 sqftBuilt 2006

Listing courtesy of Real Broker, LLC · (573) 520-3099 · MLS# SOM60328443

List price

$449,777

$295/sqft

Listing description

SELLER BONUS: The seller is covering the first 12 months of association dues with a qualifying offer before July 31, 2026. Not all condos are built equally; this Paradise Point condo features rare steel beam construction for superior infrastructure. New HVAC and water heater (2024). Extensive 2022-2024 updates include high-quality LVP flooring, Sherwin-Williams paint, custom Elfa closet systems, and updated lighting. The kitchen includes a new backsplash and updated hardware. Storage is maximized with an assigned underground garage space, overhead toy storage, and a secured shared storage room. A 30-day minimum rental policy ensures a quiet environment while maintaining strong income potential. Monthly COA covers high-speed internet, cable, water, propane, trash, building insurance, and exterior maintenance. Amenities include indoor and outdoor pools, a hot tub, a fitness center, pickleball, tennis, and basketball courts, walking trails, a children's play area, and mini-golf. Residents enjoy access to Table Rock Lake via a courtesy dock and temporary trailer/boat parking. Minutes from Big Cedar Lodge, Top of the Rock, Long Creek Marina, and Branson Landing. Unit 5204 overlooks the pond, where you often see deer and other wildlife, offering a quiet lake lifestyle.

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

-$2,008

Cap rate

1.0%

Cash-on-cash

-26.8%

DSCR

0.16

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$21,086

Property tax($2,874)

Insurance($1,799)

Utilities($0)

HOA($9,036)

Management($1,687)

Maintenance reserve($1,054)

Total operating expenses($16,450)

Net operating income$4,636

Down payment$89,955

Loan amount$359,822

Monthly payment (P&I)$2,393.90

Annual debt service($28,727)

Annual cash flow-$24,090

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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.