ACTIVEsingle familyvia mls

3200 Driftwood Road

Merriam Woods, MO, 65740

6 bd3 ba2,064 sqftBuilt 1985

Listing courtesy of Branson Best Realty · (417) 339-1770 · MLS# SOM60296868

List price

$183,500

$89/sqft

Listing description

2 Families,2 different homes built close to each other. This is a UNIQUE property ! 2 Houses with a total of 6 br 3 ba here! YES! (This listing includes 2 separate homes) One has an apartment, which is stick-built with 2 br and a large living room, and an extra-large shop/garage underneath! 2nd home has a Modular with large stick-built add-ons, 4 br, and a spacious kitchen. Several storage sheds/carports! Lots of potential here and in the county, of course! Plenty of room for parking, cars, trucks, equipment, etc Perfect for a 2-family if needed or renting one section of it. Several storage sheds/carports! Lots of potential here and in the county, of course! Plenty of room for parking, cars, trucks, equipment, etc Perfect for a 2-family if needed or renting one section of it.

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

$1,199

Cap rate

14.2%

Cash-on-cash

39.2%

DSCR

2.23

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$31,541

Property tax($599)

Insurance($734)

Utilities($0)

HOA($0)

Management($2,523)

Maintenance reserve($1,577)

Total operating expenses($5,434)

Net operating income$26,108

Down payment$36,700

Loan amount$146,800

Monthly payment (P&I)$976.66

Annual debt service($11,720)

Annual cash flow$14,388

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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.