ACTIVEcondovia mls

10 Woodpecker Lane, Unit 3

Branson, MO, 65616

2 bd2 ba938 sqftBuilt 1995

Listing courtesy of EXP Realty, LLC. · (816) 982-5990 · MLS# SOM60311361

List price

$205,000

$219/sqft

Listing description

Discover an exceptional ownership opportunity within the highly sought-after, amenity-rich community of The Cove on Indian Point. Perfectly situated on the banks of Table Rock Lake, this turn-key condominium offers the ultimate blend of serene lakeside living and significant financial potential. This residence is ideal for a profitable short-term rental investment or a cherished family retreat.Residence & Investment HighlightsTwo Bedrooms, Two Bathrooms: A desirable and spacious layout ensuring comfort and privacy for occupants and guests.Hassle-Free Ownership: Features prudent and substantial maintenance completed by current owners, including a newer HVAC unit, minimizing future capital expenditures.Prime Rental Status: Holds approved short-term rental status with no restrictions on management company choice, offering maximum flexibility for generating strong passive income in a leading resort market.Unrivaled Location & AmenitiesThe Cove resort elevates the vacation experience with a full spectrum of exceptional amenities that draw repeat renters:Lake Access: Direct access to Table Rock Lake for boating, swimming, and water sports.Resort Amenities: Enjoy a sparkling swimming pool, tennis and pickleball courts, a basketball court, and a dedicated children's playground.Entertainment Hub: Located just minutes from the gates of Silver Dollar City and a short drive to the dining and shows of the Branson Strip.Whether you envision a high-performing asset or the backdrop for your family's next memories, 10 Woodpecker Lane, Unit 3, represents an unparalleled opportunity.

Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Monthly cash flow

-$620

Cap rate

2.8%

Cash-on-cash

-18.1%

DSCR

0.43

Purchase price

Down payment %

Interest rate %

Renovation budget

Nightly rate (ADR)

Occupancy %

Mgmt fee %

Lodging tax %

Est. annual revenue$28,207

Stays / year58

Property tax($895)

Insurance($1,025)

Utilities($2,700)

Electricity($120)

Water($25)

Sewer($20)

Trashin HOA dues

Internet / cable($60)

HOA($4,500)

Management($5,641)

Maintenance reserve($1,410)

Cleaning($5,256)

Lodging / tourism tax($1,128)

Total operating expenses($22,556)

Net operating income$5,651

Down payment$41,000

Loan amount$164,000

Monthly payment (P&I)$1,091.10

Annual debt service($13,093)

Annual cash flow-$7,442

Break-even occupancy72.2%

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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.