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ACTIVEsingle familyvia mls

221 N Hickory Street

Forsyth, MO, 65653

3 bd2 ba1,624 sqftBuilt 1965

Listing courtesy of Foggy River Realty LLC · (417) 334-5433 · MLS# SOM60326945

List price

$285,000

3% price cut$295,000

$175/sqft

Listing description
*FLAT YARD, ONE LEVEL, OUTBUILDING, NO CARPET*SO much has been updated that it's practically a brand new house! Thoughtfully reimagined with a cohesive modern farmhouse style-- you will fall in love the minute you walk in! FLAT and fenced lot on a quiet, dead-end street and adjacent to a churchyard-- yet just minutes from town, shopping, dining, Lake Taneycomo, etc...ONE LEVEL living and the perfect size,-- no space has been wasted. The living room features a gorgeous wood-burning fireplace, which is a perfect focal point, and super cozy on a chilly day. There is a formal dining area, and room to have a smaller table by the kitchen. The kitchen itself is large with tons of cabinets and counter space. Speaking of countertops-- these are custom made and SO beautiful. Both bathrooms are gorgeously done and the master bath is HUGE with a lovely tiled walk-in-shower. So much attention was paid to every single detail here. Outside you will not believe how flat and private the massive back yard is-- so much room for entertaining and playing. The outbuilding is another great feature and has electricity and A/C. Please see the full attached list on UPDATES to appreciate the complete scope of the work that has been undertaken here. Or just fall in love because it's GORGEOUS!
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

-$482

Cap rate

4.4%

Cash-on-cash

-10.1%

DSCR

0.68

Est. annual revenue$18,867
Property tax($2,850)
Insurance($1,140)
Utilities($0)
HOA($0)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($6,443)
Net operating income$12,425
Down payment$57,000
Loan amount$228,000
Monthly payment (P&I)$1,516.89
Annual debt service($18,203)
Annual cash flow-$5,778

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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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