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ACTIVEsingle familyvia mls

456 Wayland Drive

Forsyth, MO, 65653

3 bd2 ba1,957 sqftBuilt 1963

Listing courtesy of Keller Williams Local · (417) 883-4900 · MLS# SOM60332647

List price

$319,900

$163/sqft

Listing description
This is not your ordinary home. Full of character, space and thoughtful updates, this 3-bedroom, 2-bath property offers two large living areas connected by a unique see-through fireplace, creating a warm and flexible layout for everyday living or entertaining. The kitchen has been enhanced with an additional island, pantry space and built-in cabinetry, adding both function and storage. Fresh paint inside and out, updated finishes, spacious bedrooms and large bathrooms give the home a comfortable, move-in-ready feel. Major improvements include newer appliances, exterior siding, full backyard fencing, a whole-home water softener, purified drinking-water system, professionally encapsulated crawlspace with dehumidifier and sump pump, new attic insulation, gutter leaf guards, exterior pest-control stations and an outdoor RV plug. The roof, HVAC, fireplace/chimney and plumbing have also been professionally inspected and serviced, with maintenance records available. Outside, enjoy a fully fenced yard, inviting outdoor living spaces, a 2-car garage and four total covered parking spaces. Best of all, the lake is less than 5 minutes away for fishing, camping and family recreation, while Branson is only about 20 minutes away for dining, shopping, shows and entertainment. A rare combination of character, updates, storage, outdoor space, location and peace of mind--this home truly offers more than meets the eye. You will also love the super low taxes!
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

-$708

Cap rate

3.7%

Cash-on-cash

-13.3%

DSCR

0.58

Est. annual revenue$18,867
Property tax($3,199)
Insurance($1,280)
Utilities($0)
HOA($0)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($6,931)
Net operating income$11,936
Down payment$63,980
Loan amount$255,920
Monthly payment (P&I)$1,702.64
Annual debt service($20,432)
Annual cash flow-$8,496

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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.

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