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ACTIVEsingle familyvia mls

764 Meltons Peninsula Road

Cape Fair, MO, 65624

1 bd1 ba864 sqftBuilt 1962

Listing courtesy of Southern Missouri Real Estate, LLC · (417) 332-7366 · MLS# SOM60330474

List price

$160,000

$185/sqft

Listing description
Located in the highly sought-after Melton Peninsula, this property presents an outstanding opportunity to create the lake home you've always envisioned. The home has already been taken down to the studs, with the old drywall and insulation removed, providing a clean slate for your renovation and saving you the time and expense of demolition. Situated just one tier back from the waterfront, the property offers beautiful lake views and is tucked away on a quiet dead-end road, creating a peaceful setting to enjoy lake life. Whether you choose to renovate within the existing footprint for a charming lake cabin or capitalize on the solid block foundation and build upward to maximize the views, the possibilities are endless. Just 3 to 5 minutes from Cape Fair Marina, you'll have quick access to boating, fishing, swimming, and everything Table Rock Lake has to offer. The private well is approximately 15 years old, and a brand-new septic tank was installed in July 2026, giving buyers a valuable head start on the renovation. Properties in this location are becoming increasingly difficult to find. Don't miss this chance to transform this property into your own lake retreat or investment opportunity. Schedule your showing today before this opportunity slips away!oppurtunity.
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

-$310

Cap rate

4.1%

Cash-on-cash

-11.6%

DSCR

0.64

Est. annual revenue$10,046
Property tax($1,600)
Insurance($640)
Utilities($0)
HOA($0)
Management($804)
Maintenance reserve($502)
Total operating expenses($3,546)
Net operating income$6,500
Down payment$32,000
Loan amount$128,000
Monthly payment (P&I)$851.59
Annual debt service($10,219)
Annual cash flow-$3,719

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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.

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