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ACTIVEcondovia mls

150 Sunken Forest Drive, Unit 171

Forsyth, MO, 65653

2 bd2 ba1,298 sqftBuilt 1992

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60335562

List price

$188,900

$146/sqft

Listing description
Two private garages, a walk-in entrance, and an oversized courtyard make this condo anything but ordinary. Set within an age-qualified Lake Taneycomo community, the newly listed residence offers two bedrooms, two bathrooms, and approximately 1,298 square feet designed for comfortable, uncomplicated living.The well-planned interior balances open gathering areas with private retreats, creating an easy rhythm for quiet mornings, visiting friends, and evenings at home. With convenient walk-in access, everyday arrivals skip the stair-climbing ceremony. Two separate one-car garages provide valuable room for vehicles, lake gear, seasonal decor, or that hobby collection that somehow keeps multiplying.Outside, the massive patio courtyard feels like a bonus living room under the Ozarks sky. Arrange lounge seating, add colorful planters, host a casual meal, or simply enjoy having enough outdoor space that the furniture does not need to negotiate for elbow room.Community amenities make lake days remarkably accessible. Take a swim in the outdoor pool, cast a line from the courtesy dock, or launch a boat for time on Lake Taneycomo. Shopping, local dining, and everyday services are nearby, while River Run Park offers another inviting place to enjoy the outdoors. Forsyth adds the charm of a welcoming small-town setting without leaving practical conveniences far behind.Distinctive, spacious, and refreshingly low-maintenance, this condo is ready to simplify your next chapter.**SOME PHOTOS ARE VIRTUALLY STAGED**
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

-$389

Cap rate

3.9%

Cash-on-cash

-12.4%

DSCR

0.61

Est. annual revenue$14,451
Property tax($978)
Insurance($756)
Utilities($0)
HOA($3,444)
Management($1,156)
Maintenance reserve($723)
Total operating expenses($7,056)
Net operating income$7,395
Down payment$37,780
Loan amount$151,120
Monthly payment (P&I)$1,005.41
Annual debt service($12,065)
Annual cash flow-$4,669

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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.

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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