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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 1-96

Forsyth, MO, 65653

2 bd2 ba1,106 sqftBuilt 1989

Listing courtesy of Murney Associates - Primrose · (417) 823-2300 · MLS# SOM60324543

List price

$185,000

$167/sqft

Listing description
Lake Views in a Peaceful, Owner-Occupied Community; 2 bed, 2 bath; move-in ready!Enjoy the beauty of Lake Taneycomo from this well-maintained condo in this quiet community in Forsyth, MO. Previous owners took excellent care of the property and it shows in the clean, move-in ready condition. The front entry opens into the dining area, creating natural space for meals and gathering. Just beyond, the kitchen offers ample storage and counter space, while the adjacent living room connects comfortably with main living areas. Enjoy the fresh Ozarks air on the patio off of the living room that overlooks the lake, woods, and path leading toward the dock and shoreline.Down the hall is a generously sized laundry room providing additional storage across from one of two bathrooms. Both bedrooms are similar in size. The primary features its own balcony with excellent views of the lake, a great spot for morning coffee or evening relaxation. Look how close the pool is located!This unit is located near the boat dock and lakeside recreation area with fire pit, perfect for evenings roasting marshmallows with family and friends.Taneycomo Terrace does not allow rentals, appealing to both full-time residents and seasonal owners. The POA helps maintain the community, allowing owners to enjoy a low-maintenance lifestyle. Residents enjoy access to 3 outdoor swimming pools, recreation areas, clubhouse, fishing dock, and private boat launch. Boat slips and covered parking may also be available for purchase, although not included in this sale.Local amenities include grocery stores, restaurants, and services while Branson's expanded shopping, dining, and entertainment options are about 30min away - close enough to enjoy everything the area offers while still returning home to a quieter lakeside setting.Whether you're looking for a full-time residence or relaxing lake retreat near some of the region's best trout fishing, this home offers comfort, convenience, and beautiful views.
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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