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ACTIVEsingle familyvia mls

421 Santa Fe Drive

Forsyth, MO, 65653

4 bd3 ba2,799 sqftBuilt 1972

Listing courtesy of White Magnolia Real Estate LLC · (417) 544-0411 · MLS# SOM60330996

List price

$419,500

$150/sqft

Listing description
POOL + SOLAR PANELS + 4 BEDROOMS + BONUS ROOM + FINISHED BASEMENT + SECOND KITCHEN + EXTRA LOTS! This spacious home checks a LOT of boxes! Located in beautiful Forsyth, just minutes from Bull Shoals Lake and 20 minutes from Branson, this property offers room to spread out, entertain, host guests, and enjoy everything lake life has to offer - all in a quiet, established neighborhood.Space, convenience, and the best of the Ozarks lifestyle come together in this well-maintained, move-in-ready home. Offering 4 bedrooms plus a bonus room, 3 full bathrooms, and a full finished, walk-out basement, there's room for everyone - and plenty of space for hobbies and entertaining.The main-level living room features a cozy pellet stove and beautiful stone accents, while the finished basement adds even more living space with a wood-burning stove and a second kitchen, making it ideal for guests or extended family. Storage won't be an issue here, with tons of space in the two-car garage and additional room throughout the home.Step outside and enjoy your own backyard retreat with country views, an in-ground swimming pool, hot tub, spacious deck, and plenty of room to relax or gather with friends and family. Recent improvements include a brand-new front door, new walkway, freshly painted deck, new pool pump and filter, and a new door providing convenient access from the garage to the back deck.And then there's the bonus you don't always find - solar panels that help reduce the electric bill to nearly nothing for much of the year, offering potential for significant energy savings.The property also includes two additional lots behind the home, providing extra space and room to grow. With its combinations of space, thoughtful updates, energy efficiency, and outdoor amenities, this property offers buyers a comfortable and enjoyable place to call home.
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

-$1,035

Cap rate

3.4%

Cash-on-cash

-14.8%

DSCR

0.54

Est. annual revenue$23,272
Property tax($4,195)
Insurance($1,678)
Utilities($0)
HOA($0)
Management($1,862)
Maintenance reserve($1,164)
Total operating expenses($8,898)
Net operating income$14,374
Down payment$83,900
Loan amount$335,600
Monthly payment (P&I)$2,232.76
Annual debt service($26,793)
Annual cash flow-$12,419

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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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