ACTIVEmanufacturedvia mls

209 Lake Circle Drive

Galena, MO, 65656

2 bd2 ba1,440 sqftBuilt 1975

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60319192

List price

$220,000

12% price cut$250,000

$153/sqft

Listing description

Welcome to your lakefront escape--where every day begins and ends with breathtaking water views. Nestled one row beyond the shoreline this is the perfect blend of relaxation and recreation. A few blocks from the home is a community boat launch area with a courtesy ramp for loading and unloading your boat. Lots of parking for your truck and trailer while you enjoy a day of fishing or relaxing on Table Rock Lake.Pack your bags and you will be ready to wake up to the gentle sounds of the water and enjoy your coffee with panoramic lake views right from your front deck. Whether you're looking for a full-time residence or vacation retreat, this one checks all the boxes.The main home provides comfortable living with inviting spaces designed to capture natural light and showcase the beauty of the lake. Two living areas provide all the room you need for hosting friends and family at the ''go to'' place of the summer. Step outside and you're just moments from the water--perfect for boating, fishing, kayaking, or simply unwinding at sunset where the front deck has the best seat in the house!Additional features make this property truly stand out, including 2 outdoor sheds, a double carport and a 600 sq ft garage to house your water toys or vehicles. With ample outdoor space, you'll have room to entertain, relax, and create lasting memories with family and friends.Located in a peaceful setting yet convenient to nearby amenities, this is lake living at its finest.Don't miss your opportunity to own a slice of paradise--schedule your showing today!

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

-$820

Cap rate

1.9%

Cash-on-cash

-22.4%

DSCR

0.30

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$8,379

Property tax($2,200)

Insurance($880)

Utilities($0)

HOA($0)

Management($670)

Maintenance reserve($419)

Total operating expenses($4,169)

Net operating income$4,210

Down payment$44,000

Loan amount$176,000

Monthly payment (P&I)$1,170.93

Annual debt service($14,051)

Annual cash flow-$9,841

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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.