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ACTIVEsingle familyvia mls

450 Hobart Drive

Forsyth, MO, 65653

3 bd2 ba1,660 sqftBuilt 2006

Listing courtesy of Wolfe Realty · (573) 592-1939 · MLS# SOM60326981

List price

$288,000

$173/sqft

Listing description
Impressive, spacious, well-maintained home in Forsyth's Rosemont Subdivision with NO HOA gives friendly small town vibes yet located just minutes from Branson shopping, shows and attractions!This beautifully crafted home sits centrally located on approximately .4 acre lot with mature trees and is surrounded on 3 sides with woods and gives a park-like feeling of privacy and seclusion.Bright, light and tastefully painted spacious open concept common area with vaulted ceiling is great for entertaining with family and friends. Center to this living area is a new (2024) Anderson brand picture window that bathes the area in natural sunlight.A wide hallway leads past laundry room which features full size stacking washer/dryer as well as numerous built-in storage cabinets.Continuing down the hallway you will pass second bathroom and 2 large bedrooms before culminating with the oversize master bedroom en suite featuring a spacious walk-in closet, jetted tub, walk-in shower and double sinks.Home has recently had significant updates including NEW HVAC (2025), NEW water softener (2022), NEW Leaf Filter gutters (2023), NEW 6 ft high chain link fenced area of yard (2026)Paved asphalt street leads to concrete driveway leading to a large 2 car garage and an additional gravel parking pad.OVERSIZE shed for hobbies and storage located along back of property line.All appliances stay, including the washer and dryer and smart thermostat.If you are seeking a quality home at an affordable price, this is one you won't want to miss!
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

-$374

Cap rate

4.8%

Cash-on-cash

-7.8%

DSCR

0.76

Est. annual revenue$18,867
Property tax($1,351)
Insurance($1,152)
Utilities($0)
HOA($0)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($4,956)
Net operating income$13,911
Down payment$57,600
Loan amount$230,400
Monthly payment (P&I)$1,532.86
Annual debt service($18,394)
Annual cash flow-$4,483

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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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